Cell Theatre Company Ltd

Analysis

Cell Theatre Company Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cell Theatre Company Ltd reported income of $629k and spending of $691k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $614k to $629k (+2.4%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cell Theatre Company Ltd sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Arts Council of Kern ($629k), Tennessee Holocaust Commission Inc ($629k) and German-Texan Heritage Society ($629k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $171k (25% of expenses). Other salaries and wages came to $149k. At year end it held assets of $62k against liabilities of $16k, net assets of $46k. It reported 16 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.