Theatre Advancement Production Society Inc

Analysis

Theatre Advancement Production Society Inc is a registered charity in United States, based in Fleming Island, FL. It received its IRS tax-exemption ruling in January 2010, 16 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 December 2023, Theatre Advancement Production Society Inc reported income of $878k and spending of $589k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $878k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Advancement Production Society Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Sooner Theatre of Norman Inc ($878k), Open Hearts Art Center ($879k) and Lakes Area Music Festival ($877k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $147k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 20 employees.