A Contemporary Theatre Foundation

Analysis

A Contemporary Theatre Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2006, 20 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 June 2023, A Contemporary Theatre Foundation reported income of $57k and spending of $137k, spending 239% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $57k to $57k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2020, when income rose by 841%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Contemporary Theatre Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Diplatanos Society-Agia Marina Inc ($57k), Red Bank Chamber Music Society Inc ($57k) and Scit Theater Two Incorporated ($57k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.