Manitou Art Theatre

Analysis

Manitou Art Theatre is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Manitou Art Theatre reported income of $356k and spending of $404k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $411k to $356k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manitou Art Theatre sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Chesapeake Chamber Music ($356k), Fremont Area Art Assn Inc ($356k) and Armory Theater Fund ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $104k (26% of expenses). Other salaries and wages came to $16k. At year end it held assets of $321k against liabilities of $119k, net assets of $202k. It reported 3 employees.