Cleveland Independent Theatre Company Limited

Analysis

Cleveland Independent Theatre Company Limited is a registered charity in England and Wales, based in Darlington. It was registered in May 1980, 46 years ago. Its declared purposes cover education/training and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 01458421). It says it provides services, provides advocacy/advice/information and acts as an umbrella or resource body.

In the financial year ending March 2025, Cleveland Independent Theatre Company Limited reported income of £975k and spending of £982k, spending 101% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £377k to £975k (+159%), an average of +27% a year. The sharpest change came in the year to March 2024, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Cleveland Independent Theatre Company Limited sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include PK Porthcurno (£969k), Royal Borough of Greenwich Heritage Trust (£977k) and The Koestler Trust (£964k).

In its latest detailed accounts, income came from charitable activities 88%, trading 11% and donations and legacies 1.1%. Charitable activities took 71% of spending and raising funds 2.9%. Reserves of £143k would cover about 2 months of spending at that rate. It employed 31 people.