Journey Theater Arts Group

Analysis

Journey Theater Arts Group is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in July 2004, 22 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 August 2024, Journey Theater Arts Group reported income of $715k and spending of $817k, spending 114% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $723k to $715k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to August 2021, when income dropped by 16%. 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, Journey Theater Arts Group sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Kings Majestic Corporation ($715k), Marietta-Cobb Museum of Art Inc ($715k) and City Ballet of Boston Inc ($715k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $79k (9.7% of expenses). Other salaries and wages came to $305k. At year end it held assets of $437k against liabilities of $0, net assets of $437k. It reported 49 employees.