Armory Theater Fund

Analysis

Armory Theater Fund is a registered charity in United States, based in Portland, OR. 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Armory Theater Fund reported income of $356k and spending of $51k, leaving 86% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $356k to $356k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2020, when income rose by 254%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Armory Theater Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Historic Fort Wayne Inc ($356k), Chesapeake Chamber Music ($356k) and Kona Historical Society ($356k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21.7m against liabilities of $1.1m, net assets of $20.6m.