Bay Area Theatresports

Analysis

Bay Area Theatresports is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2023, Bay Area Theatresports reported income of $697k and spending of $960k, spending 138% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $697k (-39%), an average of -12% a year. The sharpest change came in the year to September 2021, when income rose by 104%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Area Theatresports sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Lancaster County Council of the Arts ($696k), Brenham Heritage Museum Inc ($697k) and Cedar Valley Irish Culturalassociation Inc ($696k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $117k (12% of expenses). Other salaries and wages came to $488k. At year end it held assets of $1.1m against liabilities of $68k, net assets of $1.1m. It reported 47 employees.