Steamer 10 Theatre Inc

Analysis

Steamer 10 Theatre Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1990, 36 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 June 2023, Steamer 10 Theatre Inc reported income of $104k and spending of $108k, spending 103% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $31k to $104k (+239%), an average of +84% a year. The sharpest change came in the year to June 2022, when income rose by 373%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steamer 10 Theatre Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include North Orange County Childrens Choir ($104k), Hancock Fire Co ($104k) and The Wren Band Booster Club Inc ($104k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. At year end it held assets of $1,770 against liabilities of $3,157, net assets of -$1,387.