Princess Theater Troupe Inc

Analysis

Princess Theater Troupe Inc is a registered charity in United States, based in Mount Ayr, IA. It received its IRS tax-exemption ruling in March 2019, 7 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, Princess Theater Troupe Inc reported income of $63k and spending of $102k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $63k (-15%), an average of -15% a year. Over the whole period it spent 148% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Princess Theater Troupe Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include Tammy Wynette Legacy Park ($63k), Historic Fraser ($63k) and Jacksonville Boosters Foundation Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 53% of the total. At year end it held assets of $112k against liabilities of $4,667, net assets of $107k.