University Resident Theatre Association Inc

Analysis

University Resident Theatre Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1994, 32 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 June 2023, University Resident Theatre Association Inc reported income of $4.5m and spending of $4.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $4.5m (+163%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 152%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, University Resident Theatre Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Centrocultural Mexicano ($4.5m), Our Generation Speaks ($4.5m) and Entertainment Revue Hits Foundation Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $108k (2.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.3m against liabilities of $640k, net assets of $665k. It reported 558 employees.