Rehearsal for Life Inc

Analysis

Rehearsal for Life Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in May 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rehearsal for Life Inc reported income of $1.1m and spending of $1.4m, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.2m to $1.1m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rehearsal for Life Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Spaulding Wooden Boat Center ($1.1m), Hope Through Education -- a Fund for Better Futures Inc ($1.1m) and The Drawing Studio Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $320k (22% of expenses). Other salaries and wages came to $599k. At year end it held assets of $721k against liabilities of $137k, net assets of $584k. It reported 18 employees.