American Conservatory Theatre Foundation

Analysis

American Conservatory Theatre Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1966, 60 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 2023, American Conservatory Theatre Foundation reported income of $51.9m and spending of $23.5m, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.2m to $51.9m (+157%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 198%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Conservatory Theatre Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Hugo W Moser Research Institute at Kennedy Krieger Inc ($51.7m), RSF Social Finance Inc ($51.9m) and Shen Yun Performing Arts Inc ($51.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $1.7m (7.4% of expenses). Other salaries and wages came to $9.9m. It paid $2,050 in professional fundraising fees. At year end it held assets of $90.6m against liabilities of $16.9m, net assets of $73.6m. It reported 596 employees.