Manhattan Ensemble Theatre Inc

Analysis

Manhattan Ensemble Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1999, 27 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 June 2024, Manhattan Ensemble Theatre Inc reported income of $87k and spending of $91k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.5m to $87k (-94%), an average of -43% a year. The sharpest change came in the year to June 2020, when income dropped by 96%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manhattan Ensemble Theatre Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Center Stage Childrens Theater ($87k), Good Hart Artist Residency Inc ($87k) and Waxahachie Community Theater Inc ($87k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $31k. At year end it held assets of $355 against liabilities of $518k, net assets of -$518k. It reported 2 employees.