Franklin Villagers Barn Theatre Inc 44108

Analysis

Franklin Villagers Barn Theatre Inc 44108 is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in June 1980, 46 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 August 2023, Franklin Villagers Barn Theatre Inc 44108 reported income of $259k and spending of $290k, spending 112% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income grew from $245k to $259k (+5.7%), an average of +1.9% a year. The sharpest change came in the year to August 2022, when income rose by 115%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Franklin Villagers Barn Theatre Inc 44108 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include American Ramallah Federation Education Fund ($259k), Watchorn Lincoln Memorial Association ($259k) and Oklahoma Bandmasters Association ($259k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $259k against liabilities of $123k, net assets of $136k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.