Remy Bumppo Theatre Company

Analysis

Remy Bumppo Theatre Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2001, 25 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 June 2024, Remy Bumppo Theatre Company reported income of $831k and spending of $945k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $910k to $831k (-8.7%), an average of -1.8% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Remy Bumppo Theatre Company sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include North Alabama Agriplex Foundation ($831k), Fayette County Cultural Trust ($832k) and Arts Foundation for Tucson and Southern Arizona ($831k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $165k (17% of expenses). Other salaries and wages came to $278k. At year end it held assets of $273k against liabilities of $64k, net assets of $209k. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.