Bravo Theatre

Analysis

Bravo Theatre is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in November 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 December 2023, Bravo Theatre reported income of $167k and spending of $167k, spending 100% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $148k to $167k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 7275%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bravo Theatre sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include San Diego Chinese Academy ($167k), The Winterset Iowa Theater ($167k) and Dewitt Band Boosters ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75 against liabilities of $0, net assets of $75.