Process Studio Theatre Inc

Analysis

Process Studio Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1979, 47 years ago. 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 December 2023, Process Studio Theatre Inc reported income of $103k and spending of $66k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $103k (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 215%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Process Studio Theatre Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($103k), Santas Silent Helpers of Columbus Inc ($103k) and 3p Ride Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $906k against liabilities of $0, net assets of $906k.