SPT Theatre Company

Analysis

SPT Theatre Company is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in January 2007, 19 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, SPT Theatre Company reported income of $108k and spending of $94k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $108k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, SPT Theatre Company sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include Santa Barbara Club Preservation Foundation ($108k), African American Community Collaborative ($108k) and Free Columbia Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.