American Cabaret Theatre Inc

Analysis

American Cabaret Theatre Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, American Cabaret Theatre Inc reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Cabaret Theatre Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include The Germanic-American Institute ($1.7m), New Urban Arts ($1.7m) and San Francisco Arts Education Project ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $110k (6.5% of expenses). Other salaries and wages came to $314k. At year end it held assets of $2.8m against liabilities of $789k, net assets of $2.0m. It reported 6 employees.