Friends of Montana Shakespeare in the Parks

Analysis

Friends of Montana Shakespeare in the Parks is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in March 2023, 3 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Montana Shakespeare in the Parks reported income of $613k and spending of $603k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $333k to $613k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Montana Shakespeare in the Parks sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MT. Charities of a similar size with the same main cause include Husky Research Corporation Inc ($613k), Edgerton Education Foundation ($613k) and Bay Area Houston Ballet & Theatre ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. It paid $9,500 in professional fundraising fees. At year end it held assets of $69k against liabilities of $0, net assets of $69k.