Ziegfeld Theater Arts

Analysis

Ziegfeld Theater Arts is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in October 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, Ziegfeld Theater Arts reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.0m to $1.1m (+6.9%), an average of +6.9% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ziegfeld Theater Arts sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within UT. Charities of a similar size with the same main cause include Cleveland Pops Orchestra ($1.1m), Friends of the Brentwood Art Center ($1.1m) and Sunset Playhouse Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. It paid $10k in professional fundraising fees. At year end it held assets of $180k against liabilities of $239k, net assets of -$59k.