Showtunes Theater

Analysis

Showtunes Theater is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2001, 25 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, Showtunes Theater reported income of $60k and spending of $55k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $69k to $60k (-14%), an average of -14% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Showtunes Theater sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Loma Linda Publishing Company ($60k), Plaza Diane - Community Center for the Arts ($60k) and Metabolomics Association of North America ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $63k against liabilities of $535, net assets of $62k.