Bandit Theater

Analysis

Bandit Theater is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2018, 8 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, Bandit Theater reported income of $195k and spending of $167k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $195k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bandit Theater sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Christian Youth Theater Austin ($195k), Beaufort Art Association ($195k) and Siouxpercon ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 66% of the total. Other salaries and wages came to $72k. At year end it held assets of $108k against liabilities of $21k, net assets of $87k. It reported 12 employees.