Jefferson Theatre Company

Analysis

Jefferson Theatre Company is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in November 2012, 14 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, Jefferson Theatre Company reported income of $88k and spending of $120k, spending 137% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $73k to $88k (+21%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jefferson Theatre Company sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Northwest Indiana Community Art Association Inc ($88k), Darlene Johnson Foundation ($88k) and Historic Marion Revitalization Association Inc ($88k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 56% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.