Robinson Theater Community Arts Center

Analysis

Robinson Theater Community Arts Center is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 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 December 2023, Robinson Theater Community Arts Center reported income of $498k and spending of $403k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $498k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Robinson Theater Community Arts Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include I-Park Foundation Inc ($498k), Summerfair Foundation Inc ($498k) and Fifth Epochal Fellowship Corporation ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. It paid $12k in professional fundraising fees. At year end it held assets of $406k against liabilities of $8,000, net assets of $398k.