Dobama Theatre Inc

Analysis

Dobama Theatre Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1964, 62 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, Dobama Theatre Inc reported income of $893k and spending of $762k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $711k to $893k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dobama Theatre Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Winnsboro Center for the Arts ($893k), Institute for Palestine Studies USA Inc ($893k) and Verge Center for the Arts ($893k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $67k (8.7% of expenses). Other salaries and wages came to $429k. At year end it held assets of $862k against liabilities of $206k, net assets of $656k. It reported 24 employees.