Genesius Theater Foundation Inc

Analysis

Genesius Theater Foundation Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in October 1993, 33 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, Genesius Theater Foundation Inc reported income of $77k and spending of $49k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $77k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Genesius Theater Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Ballet in the City Inc ($77k), Organ Vespers Series Incorporated ($77k) and Iowa Academy of Science ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $319k against liabilities of $0, net assets of $319k.