Charity Search / OCEAN COMMUNITY UNITED THEATRE INC
Arts, Culture & Humanities (A65) 990 on File

OCEAN COMMUNITY UNITED THEATRE INC

EIN: 46-3579526 · WESTERLY, RI 02891-1509 · United States · FY 2024 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 50/100
Effectiveness (25%) 58/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$2.7M
Total Revenue
$2.4M
Total Expenses
$16.0M
Net Assets
55
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 55.0%
Fundraising Efficiency 16.0%
Operating Reserve 79.50x
Liability-to-Asset 9.7%
Revenue Diversification 55.7%
Executive Compensation $309K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
55.0% 77.9%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
44.7% 14.4%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.4% 5.4%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
16.0% 240.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
79.5 mo 16.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
9.7% 10.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
55.7% 74.5%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
17.8% 7.8%
P10P90
Expense growth
Year over year expense growth
10.2% 8.0%
P10P90
Surplus margin
Surplus as a share of revenue
11.0% -0.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.7M $2.4M $16.0M 55.0% 55
2023 $2.3M $2.2M $15.7M 60.7% 34
2022 $2.2M $2.0M $15.5M 51.2% 27
2021 $2.6M $994K N/A 27
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Organization Details
EIN
46-3579526
State
RI
City
WESTERLY
ZIP
02891-1509
Classification
A65
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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