Majestic Theatre Inc

Analysis

Majestic Theatre Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Majestic Theatre Inc reported income of $345k and spending of $384k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $149k to $345k (+131%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Majestic Theatre Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Slsa Inc ($345k), Folsom Youth Football Cheer ($345k) and Mt Spokane Alpine Team ($345k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 68% of the total. At year end it held assets of $1.8m against liabilities of $443, net assets of $1.8m.