Knights of Indulgence Theatre United States

Analysis

Knights of Indulgence Theatre United States is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in September 2002, 24 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 August 2023, Knights of Indulgence Theatre United States reported income of $261k and spending of $303k, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $382k to $261k (-32%), an average of -9.1% a year. The sharpest change came in the year to August 2021, when income rose by 96%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Knights of Indulgence Theatre United States 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include North Charleston Pops ($261k), Tinker Swiss Cottage Inc ($261k) and Kentucky Law Enforcement Memorial Foundation Inc ($261k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $77k (25% of expenses). Other salaries and wages came to $61k. At year end it held assets of $1.3m against liabilities of $472k, net assets of $812k. It reported 5 employees.