Rivendell Theatre Ensemble

Analysis

Rivendell Theatre Ensemble is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1997, 29 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 July 2023, Rivendell Theatre Ensemble reported income of $429k and spending of $415k, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $400k to $429k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to July 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rivendell Theatre Ensemble sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Kids-N-Stuff Interactive Experience for Kids ($429k), Scotusblog Inc ($429k) and Fort LA Presentation Company ($429k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 74% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $53k (13% of expenses). Other salaries and wages came to $97k. At year end it held assets of $311k against liabilities of $4,758, net assets of $306k. It reported 14 employees.