Pregones Puerto Rican Traveling Theater Inc

Analysis

Pregones Puerto Rican Traveling Theater Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 1986, 40 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 2022, Pregones Puerto Rican Traveling Theater Inc reported income of $2.9m and spending of $2.2m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.5m to $2.9m (+93%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pregones Puerto Rican Traveling Theater Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Armory Center for the Arts ($2.9m), Spokane Hoopfest Association ($2.9m) and American Kennel Club Museum of the Dog ($2.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $386k (18% of expenses). At year end it held assets of $5.0m against liabilities of $518k, net assets of $4.5m. It reported 59 employees.