Morrison Theatre Company

Analysis

Morrison Theatre Company is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in July 1993, 33 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, Morrison Theatre Company reported income of $4.3m and spending of $1.6m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $671k to $4.3m (+539%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 628%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Morrison Theatre Company sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include San Diego Volunteer Lawyer Program Inc ($4.3m), Thomas Edison and Henry Ford Winter Estates Inc ($4.3m) and Society of Motion Picture and Television Engineers Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $49k (3.1% of expenses). Other salaries and wages came to $241k. At year end it held assets of $9.8m against liabilities of $4.0m, net assets of $5.7m. It reported 13 employees.