New Perspectives Theatre Company Inc

Analysis

New Perspectives Theatre Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 May 2024, New Perspectives Theatre Company Inc reported income of $112k and spending of $108k, spending 97% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $138k to $112k (-19%), an average of -19% a year. The sharpest change came in the year to May 2024, when income dropped by 19%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Perspectives Theatre Company Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Capital Classics Inc ($112k), Paperweight Collectors Association Inc ($112k) and Suwanee Performing Arts Inc ($112k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $32k against liabilities of $19k, net assets of $12k.