The Depot Theatre Inc

Analysis

The Depot Theatre Inc is a registered charity in United States, based in Westport, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 September 2023, The Depot Theatre Inc reported income of $440k and spending of $370k, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $332k to $440k (+32%), an average of +7.3% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Depot Theatre Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Garden State Initiative Inc ($440k), Foothills Soccer Club ($440k) and Anublue Inc ($440k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $130k. At year end it held assets of $693k against liabilities of $3,045, net assets of $690k. It reported 26 employees.