Imagine Theatre

Analysis

Imagine Theatre is a registered charity in United States, based in Happy Valley, OR. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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 June 2023, Imagine Theatre reported income of $121k and spending of $117k, spending 97% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $53k to $121k (+129%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Imagine Theatre sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OR. Charities of a similar size with the same main cause include Madison County Band Boosters Club Inc ($121k), North Bend Senior Recreation and Activities Center ($121k) and Repeat Boutique Center ($121k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 75% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.