Jersey City Theater Center Inc

Analysis

Jersey City Theater Center Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in April 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 August 2023, Jersey City Theater Center Inc reported income of $363k and spending of $459k, spending 126% of what it took in. Across the 3 years on record, from August 2019 to August 2023, income grew from $272k to $363k (+33%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jersey City Theater Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Carving Studio and Sculpture Center ($363k), New England Ski Museum ($363k) and San Francisco Classical Voice ($363k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $44k (9.6% of expenses). At year end it held assets of $262k against liabilities of $7,426, net assets of $254k. It reported 1 employees.