National Theatre in America Inc

Analysis

National Theatre in America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2001, 25 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 March 2023, National Theatre in America Inc reported income of $7.3m and spending of $4.5m, leaving 38% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $4.1m to $7.3m (+78%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 64%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Theatre in America Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Montalvo Association ($7.3m), Bravo Greater Des Moines Inc ($7.3m) and United States Olympic & Paralympic Museum ($7.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $212k (4.7% of expenses). Other salaries and wages came to $387k. At year end it held assets of $6.1m against liabilities of $331k, net assets of $5.7m. It reported 11 employees.