Barn Lot Theatre

Analysis

Barn Lot Theatre is a registered charity in United States, based in Edmonton, KY. It received its IRS tax-exemption ruling in May 1983, 43 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, Barn Lot Theatre reported income of $765k and spending of $825k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $765k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Barn Lot Theatre sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Alliance Francaise of Atlanta Inc ($765k), NW Goldberg Cares ($765k) and Rockford Art Museum ($765k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $292k (35% of expenses). At year end it held assets of $691k against liabilities of $24k, net assets of $668k.