Crystal Theatre Inc

Analysis

Crystal Theatre Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in December 1993, 33 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Crystal Theatre Inc reported income of $314k and spending of $271k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $256k to $314k (+23%), an average of +7.0% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crystal Theatre Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Central Jersey Arts Council ($314k), Blue Water Theatre Company ($314k) and Paragon Institute of Innovation ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $105k (39% of expenses). Other salaries and wages came to $25k. At year end it held assets of $118k against liabilities of $59k, net assets of $59k.