Bijou Theater Center

Analysis

Bijou Theater Center is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1988, 38 years ago. 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, Bijou Theater Center reported income of $3.4m and spending of $2.5m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $3.4m (+72%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 873%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bijou Theater Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include USA Powerlifting Inc ($3.4m), Pilgrim Skating Arena Inc ($3.4m) and Patriots Hall of Dripping Springs Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $108k (4.3% of expenses). Other salaries and wages came to $484k. At year end it held assets of $5.7m against liabilities of $208k, net assets of $5.5m. It reported 51 employees.