Tampa Theatre Inc

Analysis

Tampa Theatre Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 1996, 30 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 September 2022, Tampa Theatre Inc reported income of $3.8m and spending of $3.4m, spending 88% of its income. Across the 4 years on record, from September 2019 to September 2022, income fell from $4.1m to $3.8m (-7.0%), an average of -2.4% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tampa Theatre Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Syracuse Area Landmark Theatre ($3.8m), South Coast Chinese Cultural Asso ($3.8m) and International Game Fish Association Inc ($3.8m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $166k (4.9% of expenses). Other salaries and wages came to $892k. At year end it held assets of $11.3m against liabilities of $1.2m, net assets of $10.2m. It reported 45 employees.