Boulder Ensemble Theatre Company

Analysis

Boulder Ensemble Theatre Company is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in June 2009, 17 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, Boulder Ensemble Theatre Company reported income of $506k and spending of $634k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $623k to $506k (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boulder Ensemble Theatre Company sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Florida Orchestra Association ($506k), New York City Fire Museum ($506k) and Torrington Historical Society Incorporated ($506k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $31k (4.9% of expenses). Other salaries and wages came to $128k. At year end it held assets of $172k against liabilities of $8,713, net assets of $163k. It reported 28 employees.