Black Theatre Network

Analysis

Black Theatre Network is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2015, 11 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 September 2024, Black Theatre Network reported income of $170k and spending of $172k, spending 101% of its income. Across the 4 years on record, from September 2020 to September 2024, income grew from $70k to $170k (+144%), an average of +35% a year. The sharpest change came in the year to September 2022, when income rose by 82%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Theatre Network sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include North Fork Breast Health Coalition Inc ($170k), India Fine Arts Inc ($170k) and Mimir Chamber Music Festival ($170k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 14% and program service revenue 83% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.