Boxcar Theatre Inc

Analysis

Boxcar Theatre Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2022, 4 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, Boxcar Theatre Inc reported income of $3.5m and spending of $3.2m, spending 92% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $361k to $3.5m (+866%), an average of +211% a year. The sharpest change came in the year to August 2022, when income rose by 294%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boxcar Theatre Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Asahi Gakuen ($3.5m), Uss Constitution Museum Inc ($3.5m) and F M Kirby Center for THR Perform Ing Arts ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $188k (5.8% of expenses). Other salaries and wages came to $745k. At year end it held assets of $1.1m against liabilities of $1.7m, net assets of -$562k. It reported 70 employees.