Downstairs Cabaret

Analysis

Downstairs Cabaret is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Downstairs Cabaret reported income of $839k and spending of $517k, leaving 38% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $248k to $839k (+239%), an average of +36% a year. The sharpest change came in the year to August 2022, when income rose by 279%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Downstairs Cabaret sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Irish Immigration Pastoral Center of the Bay Area ($839k), Friends of the Good Samaritans Inc ($839k) and Augusta Locally Grown ($839k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.6% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $15k (2.9% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$225k.