Untitled Theater Company No 61 Ltd

Analysis

Untitled Theater Company No 61 Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1995, 31 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 September 2023, Untitled Theater Company No 61 Ltd reported income of $76k and spending of $82k, spending 107% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $70k to $76k (+9.2%), an average of +9.2% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Untitled Theater Company No 61 Ltd sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Downtown Edinboro Art & Music Festival ($76k), Music Mission San Francisco Corporation ($76k) and Childrens Performing Arts of Miamisburg ($76k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $59k against liabilities of $1,060, net assets of $57k.