Holmdel Theatre Company Inc

Analysis

Holmdel Theatre Company Inc is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in February 1989, 37 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, Holmdel Theatre Company Inc reported income of $128k and spending of $131k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $128k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holmdel Theatre Company Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Costumers Guild West Inc ($128k), Coeur D Alene Arts and Culture Alliance Inc ($128k) and Arts at the Palace Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.