Friends of the Douglass Theatre Complex Inc

Analysis

Friends of the Douglass Theatre Complex Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of the Douglass Theatre Complex Inc reported income of $1.1m and spending of $453k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $430k to $1.1m (+150%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Douglass Theatre Complex Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Piano School of New York City Inc ($1.1m), Everhart Museum of Natural History Science & Art ($1.1m) and Open Earth Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. At year end it held assets of $2.2m against liabilities of $13k, net assets of $2.1m.