Auditorium Theatre of Roosevelt University Inc

Analysis

Auditorium Theatre of Roosevelt University Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1982, 44 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 August 2023, Auditorium Theatre of Roosevelt University Inc reported income of $11.6m and spending of $14.1m, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $19.2m to $11.6m (-40%), an average of -12% a year. The sharpest change came in the year to August 2022, when income rose by 521%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Auditorium Theatre of Roosevelt University Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include B & O Railroad Museum ($11.6m), Charlotte Ballet ($11.6m) and Honolulu Museum of Art ($11.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $791k (5.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $12.5m against liabilities of $6.1m, net assets of $6.4m. It reported 463 employees.