American Repertory Theatre

Analysis

American Repertory Theatre is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 1979, 47 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, American Repertory Theatre reported income of $24.3m and spending of $24.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.7m to $24.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Repertory Theatre sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Experience Learning Community ($24.2m), Connecticut Humanities Council ($24.4m) and Miami City Ballet Inc ($24.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $1.8m (7.4% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $27.7m against liabilities of $7.3m, net assets of $20.4m. It reported 157 employees.