American Theater of Actors Inc

Analysis

American Theater of Actors Inc is a registered charity in United States, based in New York City, NY. It received its IRS tax-exemption ruling in May 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 August 2023, American Theater of Actors Inc reported income of $257k and spending of $269k, spending 105% of its income. Across the 3 years on record, from August 2019 to August 2023, income grew from $156k to $257k (+64%), an average of +28% a year. The sharpest change came in the year to August 2023, when income rose by 30%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Theater of Actors Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Rich Square Fire an Rescue Inc ($257k), Las Cruces Aquatic Club Inc ($257k) and Masonic Foundation of Utah ($257k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $78k (29% of expenses). At year end it held assets of $25k against liabilities of $0, net assets of $25k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.