Aurora Theatre Company

Analysis

Aurora Theatre Company is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 1993, 33 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 July 2023, Aurora Theatre Company reported income of $2.0m and spending of $2.4m, spending 118% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.1m to $2.0m (-6.0%), an average of -1.5% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aurora Theatre Company sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Payomet Inc ($2.0m), Bos Place ($2.0m) and Discovery Museum Inc ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $228k (9.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.0m against liabilities of $336k, net assets of $2.7m. It reported 97 employees.