Roxy Theatre Group Inc

Analysis

Roxy Theatre Group Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2004, 22 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 December 2021, Roxy Theatre Group Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $712k to $1.6m (+122%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roxy Theatre Group Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Cincinnati Scenic Railway ($1.6m), Los Angeles Contemporary Exhibitions Inc ($1.6m) and Mosaic Youth Theater of Detroit ($1.6m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $62k (4.0% of expenses). Other salaries and wages came to $90k. It paid $4,140 in professional fundraising fees. At year end it held assets of $584k against liabilities of $774k, net assets of -$191k. It reported 5 employees.