Jackalope Theatre Company

Analysis

Jackalope Theatre Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2014, 12 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 August 2023, Jackalope Theatre Company reported income of $114k and spending of $214k, spending 188% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $224k to $114k (-49%), an average of -29% a year. The sharpest change came in the year to August 2023, when income dropped by 59%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jackalope Theatre Company sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Greenwood Performing Arts Inc ($114k), Arlington Philharmonic ($114k) and Art Museum of Greater Lafayette Foundation Inc ($114k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $109k against liabilities of $10k, net assets of $99k.