Exposed Brick Theatre

Analysis

Exposed Brick Theatre is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Exposed Brick Theatre reported income of $238k and spending of $263k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $238k (-2.4%), an average of -2.4% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Exposed Brick Theatre sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Fund for Lachat Town Farm Inc ($238k), Meridian Little Theater ($238k) and Hogfish Maine ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $110k (42% of expenses). At year end it held assets of $56k against liabilities of $0, net assets of $56k. It reported 2 employees.