Naatak

Analysis

Naatak is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 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, Naatak reported income of $347k and spending of $239k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $229k to $347k (+52%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naatak sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Christ in the Arts of West Texas Inc ($347k), Socal Symphony Society ($347k) and Creative Arts Alliance ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. At year end it held assets of $431k against liabilities of $0, net assets of $431k.