Revival Theatre Company

Analysis

Revival Theatre Company is a registered charity in United States, based in Cedar Rapids, IA. 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 2024, Revival Theatre Company reported income of $159k and spending of $87k, leaving 45% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $114k to $159k (+40%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 143%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Revival Theatre Company sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Fort Miles Historical Association Inc ($159k), Nebraska Chinese Association ($159k) and Steamboat Era Museum ($159k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $71k against liabilities of $333, net assets of $71k.