Grissom Theatre Booster Club

Analysis

Grissom Theatre Booster Club is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Grissom Theatre Booster Club reported income of $105k and spending of $65k, leaving 38% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $119k to $105k (-11%), an average of -11% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grissom Theatre Booster Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AL. Charities of a similar size with the same main cause include August Quarterly Festival Committee Inc ($105k), California Latino Leadership Institute ($105k) and Girls Rock Chicago ($105k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 4.7% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.