Orpheum Theatre Preservation Project Ltd

Analysis

Orpheum Theatre Preservation Project Ltd is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in April 1994, 32 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, Orpheum Theatre Preservation Project Ltd reported income of $2.8m and spending of $3.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.8m (+159%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 309%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orpheum Theatre Preservation Project Ltd sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include City Lore Inc ($2.8m), New York Pops Inc ($2.8m) and Virginia Stage Company ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 94% of the total. At year end it held assets of $9.0m against liabilities of $0, net assets of $9.0m.