Double Edge Theatre Productions Incorporated

Analysis

Double Edge Theatre Productions Incorporated is a registered charity in United States, based in Ashfield, MA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 July 2023, Double Edge Theatre Productions Incorporated reported income of $1.1m and spending of $1.8m, spending 157% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.4m to $1.1m (-17%), an average of -4.5% a year. The sharpest change came in the year to July 2022, when income rose by 172%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Double Edge Theatre Productions Incorporated sits at the 79th percentile: it is larger than about 79% 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 Habitat for Humanity International Inc ($1.1m), My Life Matters Inc ($1.1m) and Ski Gull Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 58% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $329k (19% of expenses). Other salaries and wages came to $468k. At year end it held assets of $4.4m against liabilities of $1.0m, net assets of $3.3m. It reported 26 employees.