Theater Resources Unlimited Inc

Analysis

Theater Resources Unlimited Inc is a registered charity in United States, based in New York City, NY. It received its IRS tax-exemption ruling in September 1997, 29 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, Theater Resources Unlimited Inc reported income of $144k and spending of $158k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $144k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theater Resources Unlimited Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Society for Mathematical Biology ($144k), Archery Hall of Fame and Museum Inc ($144k) and Choral Arts ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $24k (15% of expenses). Other salaries and wages came to $47k. At year end it held assets of $107k against liabilities of $0, net assets of $107k. It reported 6 employees.