Brightside Theatre Inc

Analysis

Brightside Theatre Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in November 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 2023, Brightside Theatre Inc reported income of $250k and spending of $290k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to August 2023, income grew from $192k to $250k (+30%), an average of +9.2% a year. The sharpest change came in the year to August 2022, when income rose by 395%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brightside Theatre Inc 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 IL. Charities of a similar size with the same main cause include Mallarme Chamber Players Inc ($250k), Roaring Fork Center for Community Leadership ($250k) and Merrick Theatre and Center for the Arts Inc ($250k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $36k (12% of expenses). At year end it held assets of $163k against liabilities of $0, net assets of $163k. It reported 2 employees.