Cannon Theatre

Analysis

Cannon Theatre is a registered charity in United States, based in Devens, MA. It received its IRS tax-exemption ruling in June 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Cannon Theatre reported income of $190k and spending of $112k, leaving 41% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $183k to $190k (+4.1%), an average of +4.1% a year. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cannon Theatre sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Jazz Vivace ($190k), Bowerbird Inc ($190k) and Texas Marine Mammal Stranding Network ($190k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. At year end it held assets of $332k against liabilities of $50, net assets of $332k.