Majestic Theatre

Analysis

Majestic Theatre is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in June 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Majestic Theatre reported income of $253k and spending of $282k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $348k to $253k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Majestic Theatre sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within NH. Charities of a similar size with the same main cause include Angelica Center for Arts and Music ($253k), Preservation Society of Fall River Inc ($253k) and Film Preservation Society Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 59% of the total. Other salaries and wages came to $57k. At year end it held assets of $132k against liabilities of $0, net assets of $132k. It reported 2 employees.