Axiom Repertory Theatre

Analysis

Axiom Repertory Theatre is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in December 2019, 7 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, Axiom Repertory Theatre reported income of $509k and spending of $593k, spending 117% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $70k to $509k (+624%), an average of +64% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Axiom Repertory Theatre sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include National Bowling Hall of Fame and Museum Inc ($509k), Stumptown Art Studio ($509k) and Fund for Bric Community Media Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $113k against liabilities of $119k, net assets of -$6,201.