Fiji Theater Company Inc

Analysis

Fiji Theater Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1976, 50 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 June 2023, Fiji Theater Company Inc reported income of $1.9m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.9m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fiji Theater Company Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Henry H Stambaugh Auditorium Association ($1.9m), Maroon Arts Group ($1.9m) and Words Beats and Life Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $135k (8.8% of expenses). Other salaries and wages came to $532k. At year end it held assets of $2.2m against liabilities of $171k, net assets of $2.0m. It reported 73 employees.