Historic Fox Theatre Restorations

Analysis

Historic Fox Theatre Restorations is a registered charity in United States, based in Centralia, WA. It received its IRS tax-exemption ruling in February 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 August 2024, Historic Fox Theatre Restorations reported income of $592k and spending of $264k, leaving 55% of income unspent that year. Across the 6 years on record, from December 2019 to August 2024, income grew from $353k to $592k (+68%), an average of +11% a year. The sharpest change came in the year to August 2024, when income rose by 1130%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Fox Theatre Restorations sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Create Arts Center Inc ($592k), Monterey County Youth Museum ($592k) and Modernist Archive Inc ($592k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $2.4m against liabilities of $509, net assets of $2.4m.