Roxy Bremerton

Analysis

Roxy Bremerton is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in July 2020, 6 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 December 2023, Roxy Bremerton reported income of $362k and spending of $398k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $362k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 469%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roxy Bremerton sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Contemporary Art Center of Peoria ($362k), Nam Kue School ($362k) and Cleveland School of the Arts Board of Trustees ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). Other salaries and wages came to $50k. At year end it held assets of $1.3m against liabilities of $809k, net assets of $528k.