Theatre Company of Saugus Inc

Analysis

Theatre Company of Saugus Inc is a registered charity in United States, based in Saugus, MA. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Theatre Company of Saugus Inc reported income of $87k and spending of $20k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $87k (+329%), an average of +329% a year. The sharpest change came in the year to December 2023, when income rose by 329%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Company of Saugus Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include BJ & Skips for the Music Foundation ($87k), North Shore Academy of the Arts Inc ($87k) and Spring Grove Area Historical Preservation Society ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.