Footlight Club

Analysis

Footlight Club is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in May 1953, 73 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 June 2023, Footlight Club reported income of $153k and spending of $196k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $276k to $153k (-44%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 179%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Footlight Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Johnstown Concert Ballet ($153k), Edmonds Arts Festival Foundation ($153k) and Appalachian Arts Craft Center Inc ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 60% of the total. At year end it held assets of $3.0m against liabilities of $356k, net assets of $2.6m.