Art Barn Community Theater Inc

Analysis

Art Barn Community Theater Inc is a registered charity in United States, based in Brookline VLG, MA. It received its IRS tax-exemption ruling in January 2000, 26 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, Art Barn Community Theater Inc reported income of $615k and spending of $594k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $537k to $615k (+14%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Barn Community Theater Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Midsummers Music Ltd ($615k), Rair Inc ($615k) and Design Museum of Chicago ($615k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $141k (24% of expenses). Other salaries and wages came to $164k. At year end it held assets of $341k against liabilities of $195k, net assets of $146k. It reported 24 employees.