Bearded Ladies Cabaret

Analysis

Bearded Ladies Cabaret is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2022, 4 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, Bearded Ladies Cabaret reported income of $712k and spending of $771k, spending 108% of what it took in. Across the 3 years on record, from July 2021 to July 2023, income fell from $933k to $712k (-24%), an average of -13% a year. The sharpest change came in the year to July 2023, when income rose by 58%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bearded Ladies Cabaret sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Redux Contemporary Art Center ($711k), San Luis Obispo Museum of Art ($712k) and National Postdoctoral Assoication ($711k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 90% and program service revenue 8.4% of the total. Other salaries and wages came to $284k. At year end it held assets of $478k against liabilities of $1,617, net assets of $476k. It reported 7 employees.