Backstory Theatre

Analysis

Backstory Theatre is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in November 2013, 13 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, Backstory Theatre reported income of $189k and spending of $217k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $167k to $189k (+13%), an average of +13% a year. 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, Backstory 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 49th percentile within CO. Charities of a similar size with the same main cause include LA Pocha Nostra Inter Cultural Performance and Community Arts Pro ($189k), Miamisburg Band and Guard Boosters Inc ($190k) and Inlandia Institute ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. At year end it held assets of $55k against liabilities of $22k, net assets of $33k.