American Theatre Wing Inc

Analysis

American Theatre Wing Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1958, 68 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, American Theatre Wing Inc reported income of $3.7m and spending of $3.3m, spending 91% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $3.7m to $3.7m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income rose by 350%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Theatre Wing Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Photographic Society of America Endowment Fund 1 ($3.7m), Mississippi Museum of Art Inc ($3.7m) and American Society of Cinematographers ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $427k (13% of expenses). Other salaries and wages came to $668k. It paid $28k in professional fundraising fees. At year end it held assets of $14.0m against liabilities of $602k, net assets of $13.4m. It reported 21 employees.