Griffin Theatre Company

Analysis

Griffin Theatre Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 2024, Griffin Theatre Company reported income of $387k and spending of $352k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $422k to $387k (-8.2%), an average of -1.7% a year. The sharpest change came in the year to June 2022, when income rose by 350%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Griffin Theatre Company sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Northwest Iowa Protestant Reformed ($387k), Foundation for Private Enterprise Education ($387k) and Smokey Hollow Housing Development Fund Company Inc ($387k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $45k (13% of expenses). Other salaries and wages came to $3,500. At year end it held assets of $1.4m against liabilities of $19k, net assets of $1.4m. It reported 1 employees.