Gaslight-baker Theatre is a 501(c)(3) organization based in Lockhart, Texas, registered in 2008, with $178,126 in FY2022 revenue. CharityIndex grades it C+.
Revenue (FY2022)
$178K
▲ 66.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2022)
$144K
Net assets
$280K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gaslight-baker Theatre— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gaslight-baker Theatre: 23 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gaslight-baker Theatre— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gaslight-baker Theatre: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $89K (FY2017) to $178K (FY2022) across 6 reported years.
Financial snapshot
Operating margin
19.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$439K
Total liabilities
$159K
Net assets
$280K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $178,126▲66.9% | $143,943▲57.0% | $279,923▼0.7% | $438,526▼2.7% | 990EZ |
| 2021 | $106,752▲124% | $91,698▲43.5% | $281,906▲5.6% | $450,898▲1.1% | 990EZ |
| 2020 | $47,706▼58.7% | $63,916▼42.1% | $266,852▼30.7% | $446,205▲15.9% | 990EZ |
| 2019 | $115,419▼28.4% | $110,315▲8.7% | $385,108▲4.3% | $385,108▼25.8% | 990EZ |
| 2018 | $161,222▲81.3% | $101,470▲44.6% | $369,362▲19.3% | $518,774▲10.7% | 990 |
| 2017 | $88,944 | $70,178 | $309,611 | $468,776 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Gaslight-baker Theatre totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bluebonnet Electric Cooperative Inc | Replace insulation and roof of annex building (swearengen building). | 2018 | $21,503 |
| Bluebonnet Electric Cooperative Inc | To fund two hvac units. | 2015 | $28,307 |
Explore more
Data for Gaslight-baker Theatre (EIN 26-0318298) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.