Davner Theatricals Inc

Analysis

Davner Theatricals Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 1995, 31 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 2024, Davner Theatricals Inc reported income of $701k and spending of $756k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $578k to $701k (+21%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 89%. 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, Davner Theatricals Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Middletown Township Cultural and Ar TS Council ($701k), Portuguese Cultural Center Inc ($701k) and Massachusetts Society of Mayflower Descendants ($701k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $45k (5.9% of expenses). At year end it held assets of $1.1m against liabilities of $167k, net assets of $908k. It reported 1 employees.