Fox Tucson Theatre Foundation

Analysis

Fox Tucson Theatre Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 2000, 26 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 December 2023, Fox Tucson Theatre Foundation reported income of $6.2m and spending of $6.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $6.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fox Tucson Theatre Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Eastern Washington State Historical Society ($6.2m), Queens Museum of Art New York City Building ($6.2m) and Association of American Geographers ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $155k (2.6% of expenses). Other salaries and wages came to $1.1m. It paid $228k in professional fundraising fees. At year end it held assets of $12.8m against liabilities of $2.9m, net assets of $9.9m. It reported 48 employees.