Red River Theatres Inc

Analysis

Red River Theatres Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Red River Theatres Inc reported income of $681k and spending of $911k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $681k (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red River Theatres Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NH. Charities of a similar size with the same main cause include Whaling Museum Society Inc ($681k), International Society of Exposure Science ($681k) and Weehawken Creative Arts ($681k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $82k (9.0% of expenses). Other salaries and wages came to $253k. At year end it held assets of $1.7m against liabilities of $759k, net assets of $931k. It reported 25 employees.