Avalon Theatre Foundation Inc

Analysis

Avalon Theatre Foundation Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in September 1992, 34 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 December 2023, Avalon Theatre Foundation Inc reported income of $108k and spending of $128k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $113k to $108k (-4.9%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Avalon Theatre Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Goshen Arts and Events Inc ($108k), Buick Heritage Alliance Incorporated ($108k) and Bunts Association of North America Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $31k. At year end it held assets of $56k against liabilities of $99, net assets of $56k. It reported 2 employees.