Friends of the Orpheum Theatre

Analysis

Friends of the Orpheum Theatre is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2002, 24 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 May 2024, Friends of the Orpheum Theatre reported income of $69k and spending of $67k, spending 96% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $67k to $69k (+3.7%), an average of +3.7% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Orpheum Theatre sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within AZ. Charities of a similar size with the same main cause include Chamber Music Society of Bethlehem ($69k), Crystal River Main Street Inc ($69k) and Tribe of Heart Ltd ($69k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.