Miller Theatre Advisory Board Inc

Analysis

Miller Theatre Advisory Board Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1970, 56 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miller Theatre Advisory Board Inc reported income of $4.9m and spending of $4.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.9m (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Miller Theatre Advisory Board Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Peoria Riverfront Museum ($4.9m), Friends of Bezalel Academy of Arts and Designs Inc ($4.9m) and Stirling Harbor Foundation Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $280k (5.7% of expenses). Other salaries and wages came to $183k. It paid $90k in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $20k, net assets of $3.8m. It reported 6 employees.