The Factory Theater Company

Analysis

The Factory Theater Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 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 (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, The Factory Theater Company reported income of $90k and spending of $91k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $90k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Factory Theater Company sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Project Arts of Plymouth Inc ($90k), Regional Artisans Association ($90k) and Woodland Restoration Foundation ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 56% of the total. At year end it held assets of $41k against liabilities of $6,874, net assets of $35k.