Inis Nua Theatre Company

Analysis

Inis Nua Theatre Company is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2008, 18 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, Inis Nua Theatre Company reported income of $296k and spending of $383k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $470k to $296k (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inis Nua Theatre Company sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Tennessee State Museum Foundation ($296k), Zoe Live Creative Arts Academy Inc ($296k) and Collins Theatre Foundation Inc ($296k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $121k. At year end it held assets of $200k against liabilities of $823, net assets of $199k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.