Thumbnail Theater

Analysis

Thumbnail Theater is a registered charity in United States, based in Snohomish, WA. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, Thumbnail Theater reported income of $82k and spending of $75k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $82k (+11%), an average of +11% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thumbnail Theater sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within WA. Charities of a similar size with the same main cause include California Art Education Association ($82k), Lou Holtz-Upper Ohio Valley Hall of Fame Foundation Inc ($82k) and Westerville South High School Instrumental Music Boosters Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. At year end it held assets of $214k against liabilities of $129k, net assets of $85k.