Actors Net Inc

Analysis

Actors Net Inc is a registered charity in United States, based in Morrisville, PA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Actors Net Inc reported income of $80k and spending of $81k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $80k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. 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, Actors Net Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include The John May Museum Center Corporation ($80k), Historical Preservation Foundation of the Native Sons of Golden West ($80k) and Historic Gordonsville Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. At year end it held assets of $11k against liabilities of $4,347, net assets of $6,837.