Theater League of Clifton Inc

Analysis

Theater League of Clifton Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in July 2010, 16 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 December 2023, Theater League of Clifton Inc reported income of $80k and spending of $73k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $106k to $80k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 102% 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 League of Clifton Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include World Tumor Registry Inc ($80k), Cave Run Storytelling Festival Inc ($80k) and Jackson Music Awards Association Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $838 against liabilities of $13k, net assets of -$12k.