Jaxx Theatricals Inc

Analysis

Jaxx Theatricals Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2011, 15 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 June 2023, Jaxx Theatricals Inc reported income of $1.1m and spending of $805k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $719k to $1.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 125%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jaxx Theatricals Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Childrens Museum of Cheyenne ($1.1m), Prosocial World ($1.1m) and American Society for Bioethics and Humanities ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Other salaries and wages came to $432k. At year end it held assets of $273k against liabilities of $20k, net assets of $253k. It reported 24 employees.