Theater Arts Group

Analysis

Theater Arts Group is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Theater Arts Group reported income of $270k and spending of $255k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $241k to $270k (+12%), an average of +2.9% a year. The sharpest change came in the year to September 2021, when income rose by 47%. 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, Theater Arts Group sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Ogdensburg Command Performances Inc ($270k), Smoke & Barrel Inc ($270k) and West Michigan Community Help Network ($270k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.