Cabaret 313

Analysis

Cabaret 313 is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in March 2013, 13 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, Cabaret 313 reported income of $235k and spending of $254k, spending 108% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $208k to $235k (+13%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cabaret 313 sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include York Art Association Inc ($235k), Sacramento Preparatory Music Academy ($235k) and Friends of Southfield Public Arts ($235k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $242k against liabilities of $4,505, net assets of $237k.