Mint Theater Company Inc

Analysis

Mint Theater Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1993, 33 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 June 2023, Mint Theater Company Inc reported income of $2.3m and spending of $2.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.3m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mint Theater Company 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 Forum on Education Abroad Inc ($2.3m), Delaware Theatre Company ($2.3m) and American Writers Museum ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $95k (4.7% of expenses). Other salaries and wages came to $582k. It paid $136k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $221k, net assets of $3.2m. It reported 152 employees.