Five Star Theatre Company Inc

Analysis

Five Star Theatre Company Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in February 1996, 30 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 September 2023, Five Star Theatre Company Inc reported income of $68k and spending of $60k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $46k to $68k (+48%), an average of +48% a year. The sharpest change came in the year to September 2023, when income rose by 48%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Five Star Theatre Company Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Silicon Valley Visual Arts Inc ($68k), Space Museum ($68k) and Northwest Junior Pipe Band ($68k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $4,302 against liabilities of $5,475, net assets of -$1,173.