Bond Street Theatre Coalition Ltd

Analysis

Bond Street Theatre Coalition Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1984, 42 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 December 2023, Bond Street Theatre Coalition Ltd reported income of $135k and spending of $161k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $135k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bond Street Theatre Coalition Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Olympia Lamplighters ($135k), Frederic Remington Art Museum Foundation ($135k) and Sacred Lands Conservancy ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $31k (19% of expenses). Other salaries and wages came to $31k. At year end it held assets of $44k against liabilities of $7,231, net assets of $36k. It reported 2 employees.