Friends of the Bohm Theatre

Analysis

Friends of the Bohm Theatre is a registered charity in United States, based in Albion, MI. It received its IRS tax-exemption ruling in February 2013, 13 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, Friends of the Bohm Theatre reported income of $951k and spending of $506k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $951k (+584%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 190%. 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 Bohm Theatre sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Museum of Appalachia ($951k), Cultural Development Corporation of the District of Columbia ($951k) and Palm Beach Photographic Centre Inc ($951k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $118k. At year end it held assets of $3.2m against liabilities of $252k, net assets of $3.0m. It reported 18 employees.