Venue Theatre

Analysis

Venue Theatre is a registered charity in United States, based in Conifer, CO. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Venue Theatre reported income of $187k and spending of $242k, spending 129% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $264k to $187k (-29%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Venue Theatre sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Laguna Radio Inc ($187k), Castine Historical Society Inc ($187k) and Sharonville Fine Arts Council Inc ($187k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 55% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.