Music Theater Bavaria Inc

Analysis

Music Theater Bavaria Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Music Theater Bavaria Inc reported income of $192k and spending of $224k, spending 117% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income fell from $292k to $192k (-34%), an average of -19% a year. The sharpest change came in the year to September 2022, when income dropped by 27%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Theater Bavaria Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Modus Opera Company Inc ($192k), Old St Josephs Historic Preservation Corporation ($192k) and South Park Theatre ($192k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $3,792 against liabilities of $0, net assets of $3,792.