National Black Theatre Workshop Incorporated

Analysis

National Black Theatre Workshop Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1970, 56 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 October 2023, National Black Theatre Workshop Incorporated reported income of $3.9m and spending of $4.0m, spending 102% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.3m to $3.9m (+212%), an average of +33% a year. The sharpest change came in the year to October 2022, when income rose by 130%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Black Theatre Workshop Incorporated 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 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Vineyard Theatre and Workshop Center Inc ($3.9m), Creative Time Inc ($3.9m) and Joint Center for Political and Economic Studies Inc ($3.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Other salaries and wages came to $1.5m. It paid $88k in professional fundraising fees. At year end it held assets of $5.9m against liabilities of $851k, net assets of $5.0m. It reported 30 employees.