Seraphim Theater Company Inc

Analysis

Seraphim Theater Company Inc is a registered charity in United States, based in Studio City, CA. 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 December 2023, Seraphim Theater Company Inc reported income of $204k and spending of $239k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $204k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seraphim Theater Company Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Elbow Reef Foundation Inc ($204k), Art Maker LLC ($204k) and Ballet Folklorico Mexico Azteca ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 50% of the total. At year end it held assets of $7,873 against liabilities of $28k, net assets of -$21k.