Historic Everett Theatre Preservation Society

Analysis

Historic Everett Theatre Preservation Society is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Historic Everett Theatre Preservation Society reported income of $726k and spending of $788k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $726k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 280%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Historic Everett Theatre Preservation Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Bronxville School Foundation Inc ($726k), Max S Baucus Institute ($726k) and Friends of Zichron Meir ($726k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $86k (11% of expenses). Other salaries and wages came to $33k. At year end it held assets of $76k against liabilities of $123k, net assets of -$47k. It reported 3 employees.