Maltz Jupiter Theatre Inc

Analysis

Maltz Jupiter Theatre Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in March 2001, 25 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, Maltz Jupiter Theatre Inc reported income of $12.3m and spending of $10.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.2m to $12.3m (-36%), an average of -10% a year. The sharpest change came in the year to June 2020, when income dropped by 30%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maltz Jupiter Theatre Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Holocaust Memorial Foundation of Illinois Inc ($12.3m), The Florida Theatre Performing Arts ($12.3m) and The Virginia Arts Festival Inc ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $488k (4.8% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $56.9m against liabilities of $12.3m, net assets of $44.6m. It reported 158 employees.