Victoria Theatre Association

Analysis

Victoria Theatre Association is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2023, Victoria Theatre Association reported income of $20.1m and spending of $18.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.4m to $20.1m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 547%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Victoria Theatre Association sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Childrens Museum of Minot Inc ($20.1m), Brothers for Life ($20.1m) and Legacy Foundation ($20.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $694k (3.7% of expenses). Other salaries and wages came to $3.7m. It paid $14k in professional fundraising fees. At year end it held assets of $37.1m against liabilities of $26.4m, net assets of $10.7m. It reported 218 employees.