Round House Theatre Inc

Analysis

Round House Theatre Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in May 1983, 43 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 June 2023, Round House Theatre Inc reported income of $6.8m and spending of $8.1m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $6.8m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Round House Theatre Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Haleakala Inc ($6.7m), Louisiana Endowment for the Humanities ($6.8m) and Contemporary Austin Museum Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $513k (6.4% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $9.4m against liabilities of $4.8m, net assets of $4.6m. It reported 226 employees.