Belcourt Theatre Inc

Analysis

Belcourt Theatre Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 1999, 27 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 2023, Belcourt Theatre Inc reported income of $3.4m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Belcourt Theatre Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Brooklyn Music School ($3.4m), Panhandle-Plains Historical Society ($3.4m) and The District Theatre Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $189k (5.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.5m against liabilities of $1.2m, net assets of $7.3m. It reported 49 employees.