Friends of the Washington Theater NFP

Analysis

Friends of the Washington Theater NFP is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in December 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Washington Theater NFP reported income of $109k and spending of $114k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $109k (-2.4%), an average of -2.4% a year. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Washington Theater NFP sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Central Missouri Renaissance Festival ($109k), The Mill at Anselma Preservation and Educational Trust Inc ($109k) and Pike School of Art - Mississippi ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.