Gremlin Theatre

Analysis

Gremlin Theatre is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 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 December 2023, Gremlin Theatre reported income of $122k and spending of $180k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $122k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 155% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gremlin Theatre sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Halifax County Historical Society ($122k), Peninsula Art Academy ($122k) and Earl L and Corinne a Otto Community Theatre Endowment TR ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $67k against liabilities of $60k, net assets of $6,821.