Flashback Theater Co

Analysis

Flashback Theater Co is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in April 2015, 11 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 August 2024, Flashback Theater Co reported income of $171k and spending of $200k, spending 117% of what it took in. Across the 4 years on record, from August 2021 to August 2024, income grew from $163k to $171k (+4.6%), an average of +1.5% a year. The sharpest change came in the year to August 2023, when income rose by 91%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flashback Theater Co sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within KY. Charities of a similar size with the same main cause include Zephyrus Arts Institute ($171k), Earth Lab SF ($171k) and Danish Festival Inc ($171k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $30k (15% of expenses). At year end it held assets of $262k against liabilities of $1,150, net assets of $261k. It reported 1 employees.