Douglas Manship Sr Theater Complexholding Inc

Analysis

Douglas Manship Sr Theater Complexholding Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 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 June 2023, Douglas Manship Sr Theater Complexholding Inc reported income of $2.4m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.4m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 123%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Douglas Manship Sr Theater Complexholding Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Arts and Culture Alliance of Greater Knoxville ($2.4m), Lightner Museum of Hobbies ($2.4m) and Arts Council Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $127k (5.2% of expenses). Other salaries and wages came to $606k. At year end it held assets of $1.7m against liabilities of $289k, net assets of $1.4m. It reported 64 employees.