The District Theatre Inc

Analysis

The District Theatre Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2021, 5 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, The District Theatre Inc reported income of $3.4m and spending of $674k, leaving 80% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $25k to $3.4m (+13179%), an average of +166% a year. The sharpest change came in the year to December 2020, when income rose by 20282%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The District Theatre Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Sarasota Film Society Inc ($3.4m), Brooklyn Music School ($3.4m) and Museum of Contemporary Art Jacksonville Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.9% of the total. At year end it held assets of $3.8m against liabilities of $324k, net assets of $3.5m.