Avant Bard Theatre

Analysis

Avant Bard Theatre is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 1991, 35 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 2023, Avant Bard Theatre reported income of $150k and spending of $215k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $247k to $150k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Avant Bard Theatre sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Adventurers Club ($150k), American News Womens Club Inc ($150k) and Youth Chorus of Kansas City Inc ($150k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $4,746 against liabilities of $23k, net assets of -$18k.