Portland Experimental Theatre Ensemble

Analysis

Portland Experimental Theatre Ensemble is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 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 June 2024, Portland Experimental Theatre Ensemble reported income of $457k and spending of $332k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $230k to $457k (+99%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Experimental Theatre Ensemble sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OR. Charities of a similar size with the same main cause include Art Guild of Port Washington Inc ($457k), Academy of Music of the Paderewski Symphony Orchestra ($457k) and Daily Nebraskan ($457k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $144k (43% of expenses). Other salaries and wages came to $20k. At year end it held assets of $265k against liabilities of $8,482, net assets of $256k. It reported 7 employees.