Phoenix Theatre Ensemble Inc

Analysis

Phoenix Theatre Ensemble Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 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 2023, Phoenix Theatre Ensemble Inc reported income of $308k and spending of $394k, spending 128% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $236k to $308k (+30%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Phoenix Theatre Ensemble Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Musiconnects Inc ($308k), Cinema Tropical Inc ($308k) and Arborlea Study Center Inc ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $39k against liabilities of $43k, net assets of -$4,403.