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Arts, Culture & Humanities · 2024 Form 990

Fox Theatre Inc: $41.4M Revenue, $29.4M Expenses

Atlanta, Georgia · EIN 131240132 · Filing year 2024

Fox Theatre Inc reported $41.4M in total revenue, $29.4M in total expenses, and $123.4M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $2.0M (4.78% of revenue). NonprofitTruth efficiency grade: C (52/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
52/100

Key Facts (2024 Form 990)

Total Revenue
$41.4M
Total Expenses
$29.4M
Total Assets
$123.4M
Reserve Months
50.4 months
Surplus / (Deficit)
$12.0M
EIN
131240132
Latest 990 Year
2024
Current-Officer Compensation
$2.0M
Officer Comp % of Revenue
4.78%

The composite efficiency score of 52/100 puts Fox Theatre Inc at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

At $41.4M in 2024 revenue, Fox Theatre Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Reserves are the limiting factor: Fox Theatre Inc carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Fox Theatre Inc reported $41.4M in 2024, up notably from the start of the window. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.0M in total current-officer compensation against $41.4M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Fox Theatre Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$41.4M
Revenue
$29.4M
Expenses
$123.4M
Total Assets
$2.0M
Officer Compensation

How Fox Theatre Inc Compares

Fox Theatre Inc earns a NonprofitTruth efficiency grade of C (52/100). That is 4 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 4.78% of total revenue. The organization holds 50.4 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$29.4M
Total Expenses
Filing year 2024
$2.0M
Officer Compensation
4.78% of revenue
50.4 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Fox Theatre Inc reported $41.4M in revenue against $29.4M in total functional expenses for filing year 2024, holding roughly 50.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.0M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 4.78% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Fox Theatre Inc has a NonprofitTruth Efficiency Score of C (52/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Fox Theatre Inc, Donor FAQ

Fox Theatre Inc has a NonprofitTruth Efficiency Score of C (52/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Fox Theatre Inc reports $2.0M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 4.78% of the organization's $41.4M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Fox Theatre Inc reported $41.4M in annual revenue and $29.4M in total expenses for filing year 2024. The organization holds $123.4M in total assets.

Fox Theatre Inc holds approximately 50.4 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its C efficiency grade.

Fox Theatre Inc is a registered 501(c) organization with EIN 131240132, based in Atlanta, Georgia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.