Phoenix Theatre Inc of Bowling Green Kentucky

Analysis

Phoenix Theatre Inc of Bowling Green Kentucky is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in May 1994, 32 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 2023, Phoenix Theatre Inc of Bowling Green Kentucky reported income of $82k and spending of $103k, spending 127% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $100k to $82k (-19%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Phoenix Theatre Inc of Bowling Green Kentucky sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within KY. Charities of a similar size with the same main cause include Smart Fair Inc ($82k), Theatre Intrepide Inc ($82k) and Lasting Legacy Wildlife Museum ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. At year end it held assets of $90k against liabilities of $60k, net assets of $31k.