Exitheatre

Analysis

Exitheatre is a registered charity in United States, based in Arcata, CA. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2024, Exitheatre reported income of $166k and spending of $205k, spending 123% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $384k to $166k (-57%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Exitheatre sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Ird Association Inc ($166k), Chesapeake Orchestra Inc ($166k) and Veterans in Media & Entertainment ($166k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $60k (29% of expenses). Other salaries and wages came to $17k. At year end it held assets of $185k against liabilities of $10k, net assets of $174k. It reported 12 employees.