Brookfield Theatre for the Arts Inc

Analysis

Brookfield Theatre for the Arts Inc is a registered charity in United States, based in Brookfield, CT. It received its IRS tax-exemption ruling in October 1963, 63 years ago. 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 December 2023, Brookfield Theatre for the Arts Inc reported income of $171k and spending of $139k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $118k to $171k (+45%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 401%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brookfield Theatre for the Arts Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include United Self-Help ($171k), KCF Kentucky Conservation Foundation Inc ($171k) and Fossil Park Youth Baseball Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.