Sacred Fools Theater

Analysis

Sacred Fools Theater is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1997, 29 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 December 2023, Sacred Fools Theater reported income of $504k and spending of $481k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $504k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sacred Fools Theater sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Science Zone ($504k), Leejazzomega Incorporated ($504k) and Wyoming Star Gazing ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $117k (24% of expenses). Other salaries and wages came to $122k. At year end it held assets of $286k against liabilities of $160k, net assets of $126k. It reported 80 employees.