Roaring Fork Friends of the Theater Inc

Analysis

Roaring Fork Friends of the Theater Inc is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in August 2001, 25 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 2023, Roaring Fork Friends of the Theater Inc reported income of $496k and spending of $528k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $343k to $496k (+45%), an average of +9.7% a year. The sharpest change came in the year to July 2023, when income rose by 47%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roaring Fork Friends of the Theater Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Back to the Bricks Inc ($496k), Skylark Vocal Ensemble Inc ($496k) and Society for Birth Defects Research and Prevention ($496k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 58% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). At year end it held assets of $1.3m against liabilities of $55k, net assets of $1.2m. It reported 5 employees.