New Hampshire Theatre Project

Analysis

New Hampshire Theatre Project is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in November 1988, 38 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 August 2024, New Hampshire Theatre Project reported income of $210k and spending of $230k, spending 109% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $214k to $210k (-1.5%), an average of -0.3% a year. The sharpest change came in the year to August 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Hampshire Theatre Project sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Tertulia Inc ($210k), Capital City Symphony ($210k) and NPC Association ($210k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 59% and program service revenue 31% of the total. Other salaries and wages came to $77k. At year end it held assets of $5,141 against liabilities of $16k, net assets of -$10k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.