Developing Artists Theater Company Inc

Analysis

Developing Artists Theater Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2007, 19 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, Developing Artists Theater Company Inc reported income of $588k and spending of $394k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $193k to $588k (+204%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Developing Artists Theater Company Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Community Arts Partnership of Tompkins County Inc ($588k), Friends of the Academy of St Martin in the Fields ($588k) and Northwest Minnesota Arts Council ($588k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (33% of expenses). Other salaries and wages came to $143k. At year end it held assets of $298k against liabilities of $18k, net assets of $279k. It reported 5 employees.