Destiny Theater

Analysis

Destiny Theater is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Destiny Theater reported income of $51k and spending of $59k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $51k (+3.1%), an average of +3.1% a year. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Destiny Theater sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Ridgefield Fathers Club Inc ($51k), Morrison Community Development Association ($51k) and Community Commitment Education Center ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.