Abingdon Theatre Company

Analysis

Abingdon Theatre Company is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1994, 32 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, Abingdon Theatre Company reported income of $572k and spending of $516k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $944k to $572k (-39%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 259%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abingdon Theatre Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Chicago Latino Theater Alliance ($572k), Ruralorganizing-Dot-Org Education Fund ($572k) and Alliance Francaise de Denver ($572k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $112k (22% of expenses). Other salaries and wages came to $152k. At year end it held assets of $631k against liabilities of $265k, net assets of $365k. It reported 55 employees.