St George Theatre Restoration Inc

Analysis

St George Theatre Restoration Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in September 2004, 22 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, St George Theatre Restoration Inc reported income of $4.6m and spending of $4.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.8m to $4.6m (-3.8%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 500%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St George Theatre Restoration Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Big Ears Festival ($4.6m), Illinois Railway Museum ($4.6m) and Montclair Film Festival Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $233k (5.5% of expenses). Other salaries and wages came to $813k. At year end it held assets of $10.2m against liabilities of $387k, net assets of $9.9m. It reported 123 employees.