Overshadowed Theatrical Productions Inc

Analysis

Overshadowed Theatrical Productions Inc is a registered charity in United States, based in Itasca, IL. It received its IRS tax-exemption ruling in March 2006, 20 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, Overshadowed Theatrical Productions Inc reported income of $512k and spending of $489k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $512k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Overshadowed Theatrical Productions Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Community Theatre League Inc ($512k), Shakespeare by the Sea ($512k) and Yolo County Arts Council Inc ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $31k (6.3% of expenses). Other salaries and wages came to $3,200. At year end it held assets of $649k against liabilities of $12k, net assets of $637k. It reported 2 employees.