Home Made Theater Inc

Analysis

Home Made Theater Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in November 1985, 41 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 May 2023, Home Made Theater Inc reported income of $357k and spending of $349k, spending 98% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $380k to $357k (-6.1%), an average of -2.1% a year. The sharpest change came in the year to May 2022, when income rose by 77%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Home Made Theater Inc 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 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Sing Sing Prison Museum ($357k), American Computer Museum Ltd ($357k) and Hole in the Rock Foundation Inc ($357k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. Other salaries and wages came to $111k. At year end it held assets of $93k against liabilities of $33k, net assets of $60k. It reported 3 employees.