Bright Lights Theatre

Analysis

Bright Lights Theatre is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Bright Lights Theatre reported income of $201k and spending of $147k, leaving 27% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $126k to $201k (+59%), an average of +59% a year. The sharpest change came in the year to July 2024, when income rose by 59%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bright Lights Theatre sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Cinestudio Inc ($201k), West Virginia Symphony Regional Outreach Group Inc ($201k) and Tallgrass Theatre Company ($201k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $22k (15% of expenses). At year end it held assets of $145k against liabilities of $15k, net assets of $129k. It reported 2 employees.