Alberta Bair Theater Corporation

Analysis

Alberta Bair Theater Corporation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in April 1983, 43 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, Alberta Bair Theater Corporation reported income of $2.6m and spending of $2.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.1m to $2.6m (-71%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 78%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alberta Bair Theater Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within MT. Charities of a similar size with the same main cause include Atlanta Jewish Film Society Inc ($2.6m), Grand Rapids Civic Theatre Inc ($2.6m) and National Veterans Memorial and Museum Foundation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $101k (3.7% of expenses). Other salaries and wages came to $447k. At year end it held assets of $18.1m against liabilities of $739k, net assets of $17.3m. It reported 80 employees.