Interactive Educational Theatre Inc

Analysis

Interactive Educational Theatre Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in November 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Interactive Educational Theatre Inc reported income of $53k and spending of $48k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $53k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 666%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Interactive Educational Theatre Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Davis Senior High School Band Boosters ($53k), Emerald Elite Booster Association ($53k) and Ballet Arts Academy at the Old Waldorf School ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,200. At year end it held assets of $19k against liabilities of $25k, net assets of -$6,045.