A Red Orchid Theatre

Analysis

A Red Orchid Theatre is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1994, 32 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, A Red Orchid Theatre reported income of $443k and spending of $646k, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $752k to $443k (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Red Orchid Theatre sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include The Intermountain Suzuki String Institute ($443k), The Big House Foundation Inc ($443k) and Palestine Museum US Corporation ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 17% of the total. Other salaries and wages came to $263k. At year end it held assets of $510k against liabilities of $94k, net assets of $416k. It reported 16 employees.