Emelin Theatre for the Performing Arts Inc

Analysis

Emelin Theatre for the Performing Arts Inc is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in August 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 May 2023, Emelin Theatre for the Performing Arts Inc reported income of $2.3m and spending of $1.7m, leaving 28% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.7m to $2.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to May 2022, when income rose by 122%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Emelin Theatre for the Performing Arts Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Minnpost ($2.3m), Admiral Theatre Foundation ($2.3m) and John & Mable Ringling Museum of Art Foundation ($2.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 47% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $149k (8.9% of expenses). Other salaries and wages came to $460k. At year end it held assets of $2.1m against liabilities of $197k, net assets of $1.9m. It reported 44 employees.