Impact Theatre Inc

Analysis

Impact Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2004, 22 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 December 2023, Impact Theatre Inc reported income of $149k and spending of $150k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $149k (-0.7%), an average of -0.7% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Impact Theatre Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Sole-The International Society of Logistics ($149k), Azalea City Center for the Arts Inc ($149k) and One Heart Beat Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 64% of the total. At year end it held assets of $64k against liabilities of $29k, net assets of $35k.