City of Fairfax Theatre Company

Analysis

City of Fairfax Theatre Company is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in September 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, City of Fairfax Theatre Company reported income of $248k and spending of $261k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $229k to $248k (+8.3%), an average of +8.3% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City of Fairfax Theatre Company sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Westside Sponsoring Committee ($248k), Colorado Mahlerfest ($248k) and Community Spirit Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $14k. At year end it held assets of $231k against liabilities of $347, net assets of $231k. It reported 1 employees.