Kindair at the Benson Theatre

Analysis

Kindair at the Benson Theatre is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2012, 14 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 December 2023, Kindair at the Benson Theatre reported income of $682k and spending of $1.3m, spending 197% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $682k (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kindair at the Benson Theatre sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NE. Charities of a similar size with the same main cause include American Windmill Museum Inc ($682k), Passion Works ($682k) and Art Works Downtown Inc ($682k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $74k (5.5% of expenses). Other salaries and wages came to $480k. It paid $32k in professional fundraising fees. At year end it held assets of $4.8m against liabilities of $167k, net assets of $4.7m. It reported 20 employees.