Nautilus Music Theater

Analysis

Nautilus Music Theater is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 1996, 30 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 August 2023, Nautilus Music Theater reported income of $145k and spending of $148k, spending 102% of its income. Across the 3 years on record, from August 2021 to August 2023, income fell from $205k to $145k (-29%), an average of -16% a year. The sharpest change came in the year to August 2023, when income rose by 120%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nautilus Music Theater sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Kgnb-Knbt Foundation Inc ($145k), Ranger Airfield Foundation ($145k) and Shelbyville High School Band Booster ($145k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $39k (26% of expenses). At year end it held assets of $99k against liabilities of $11k, net assets of $87k. It reported 1 employees.