Company Theatre Inc

Analysis

Company Theatre Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in November 1990, 36 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, Company Theatre Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Company Theatre Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Dallas Theater Center Endowment Fund ($1.9m), Seattle Center Foundation ($1.9m) and Music Academy of North Carolina Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Other salaries and wages came to $630k. At year end it held assets of $2.8m against liabilities of $402k, net assets of $2.4m. It reported 12 employees.