Stevie Rays Theatre Company

Analysis

Stevie Rays Theatre Company is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Stevie Rays Theatre Company reported income of $267k and spending of $271k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $267k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stevie Rays Theatre Company sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Seven Loaves ($267k), Wayword Inc ($267k) and Reston Community Players Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $170k (63% of expenses). At year end it held assets of $148k against liabilities of $0, net assets of $148k. It reported 3 employees.