Detroit Public Theatre

Analysis

Detroit Public Theatre is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Detroit Public Theatre reported income of $2.2m and spending of $1.9m, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $863k to $2.2m (+157%), an average of +27% a year. The sharpest change came in the year to July 2020, when income rose by 100%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Detroit Public Theatre sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Vertuelab ($2.2m), Orange County Childrens Therapeutic Arts Center ($2.2m) and Skowhegan School of Painting and Sculpture Inc ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 81% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $225k (12% of expenses). Other salaries and wages came to $518k. At year end it held assets of $6.5m against liabilities of $3.7m, net assets of $2.8m. It reported 72 employees.