S U Theatre Corporation

Analysis

S U Theatre Corporation is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 1965, 61 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 2023, S U Theatre Corporation reported income of $8.5m and spending of $7.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $8.5m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, S U Theatre Corporation sits at the 98th percentile: it is larger than about 98% 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 Little Manila Foundation ($8.5m), Explora Science Center & Childrens Museum of Albuquerque ($8.5m) and James Dick Foundation for the Performing Arts ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $5.6m against liabilities of $1.1m, net assets of $4.5m. It reported 213 employees.