Bemidji Community Theater

Analysis

Bemidji Community Theater is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Bemidji Community Theater reported income of $155k and spending of $175k, spending 113% of what it took in. Across the 5 years on record, from September 2020 to September 2024, income fell from $166k to $155k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to September 2023, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bemidji Community Theater sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Seattle Weavers Guild ($155k), Ascanios Purse ($155k) and Warbirds of Glory Museum ($155k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $618k against liabilities of $308k, net assets of $310k.