Historic Elitch Gardens Theatre Foundation

Analysis

Historic Elitch Gardens Theatre Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2003, 23 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, Historic Elitch Gardens Theatre Foundation reported income of $102k and spending of $130k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $102k (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 1021%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Elitch Gardens Theatre Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include San Luis Obispo Vocal Arts Ensemble ($102k), Catonsville 4th of July Committee Inc ($102k) and Mojuba Dance Collective ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.