Target Margin Theater Inc

Analysis

Target Margin Theater Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 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 (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 2023, Target Margin Theater Inc reported income of $618k and spending of $722k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $811k to $618k (-24%), an average of -6.6% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Target Margin Theater Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Korea US Quantum Technology Cooperation Center ($618k), Wood River Rep Inc ($618k) and South Shore Arts Inc ($618k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $76k (10% of expenses). Other salaries and wages came to $237k. At year end it held assets of $1.2m against liabilities of $537k, net assets of $677k. It reported 65 employees.