Pure Theatre

Analysis

Pure Theatre is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 2006, 20 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 June 2023, Pure Theatre reported income of $671k and spending of $631k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $671k (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pure Theatre sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include American Volkssport Association Inc ($670k), Swans Market Place Inc ($671k) and Ocean City Museum Society Inc ($670k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $171k. It paid $1,995 in professional fundraising fees. At year end it held assets of $189k against liabilities of $74k, net assets of $115k. It reported 9 employees.