Burlesque Hall of Fame Inc

Analysis

Burlesque Hall of Fame Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in September 2000, 26 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 September 2023, Burlesque Hall of Fame Inc reported income of $446k and spending of $482k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $394k to $446k (+13%), an average of +3.2% a year. The sharpest change came in the year to September 2022, when income rose by 144%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Burlesque Hall of Fame Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within NV. Charities of a similar size with the same main cause include Classical Music Chicago ($446k), Brooklyn Poets Inc ($446k) and Dada NMTC 1 Inc ($446k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $61k (13% of expenses). Other salaries and wages came to $89k. At year end it held assets of $61k against liabilities of $240k, net assets of -$179k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.