Theater Labrador Inc

Analysis

Theater Labrador Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1991, 35 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 December 2023, Theater Labrador Inc reported income of $683k and spending of $918k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $559k to $683k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theater Labrador Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Fostering Dreams Project ($683k), Dynamicland Foundation ($683k) and Travellers Rest Historic House Museum Inc ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $114k (12% of expenses). Other salaries and wages came to $167k. At year end it held assets of $737k against liabilities of $127k, net assets of $610k. It reported 37 employees.