Bridgetown Conservatory of Musical Theatre

Analysis

Bridgetown Conservatory of Musical Theatre is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2016, 10 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridgetown Conservatory of Musical Theatre reported income of $153k and spending of $175k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $153k (-4.0%), an average of -4.0% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridgetown Conservatory of Musical Theatre sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Parent Advocates for Spanish Immersion Inc ($153k), Charter Oak High School Band Boosters ($153k) and Songwriters Association of Mid North Indiana ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $12k (6.7% of expenses). Other salaries and wages came to $31k. At year end it held assets of $124k against liabilities of $127k, net assets of -$3,090. It reported 9 employees.