Metro Theater Center Foundation

Analysis

Metro Theater Center Foundation is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Metro Theater Center Foundation reported income of $120k and spending of $206k, spending 171% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $251k to $120k (-52%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metro Theater Center Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include St Louis Park Friends of the Arts ($120k), Jacques Marchais Center of Tibetan Arts Inc ($120k) and Cultural Heritage Research Inc ($120k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $124 against liabilities of $30k, net assets of -$30k.