Revels North Inc

Analysis

Revels North Inc is a registered charity in United States, based in Lebanon, NH. It received its IRS tax-exemption ruling in March 1987, 39 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, Revels North Inc reported income of $114k and spending of $151k, spending 132% of what it took in. Across the 6 years on record, from March 2019 to December 2023, income fell from $227k to $114k (-50%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Revels North Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Friends of Incontri in Terra Di Siena Inc ($114k), Schenectady Civic Players Inc ($114k) and Hastings Band Boosters ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $47k (31% of expenses). Other salaries and wages came to $16k. At year end it held assets of $19k against liabilities of $3,493, net assets of $16k. It reported 3 employees.