Massachusetts Educational Theater Guild Inc

Analysis

Massachusetts Educational Theater Guild Inc is a registered charity in United States, based in Mansfield, MA. It received its IRS tax-exemption ruling in April 1994, 32 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 June 2023, Massachusetts Educational Theater Guild Inc reported income of $199k and spending of $187k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $240k to $199k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2021, when income dropped by 55%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Massachusetts Educational Theater Guild Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Idaho Falls Youth Art Centre Inc ($199k), Friends of Santiam Pass Ski Lodge ($199k) and The Neo Political Cowgirls Inc ($199k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $23k (12% of expenses). Other salaries and wages came to $20k. At year end it held assets of $368k against liabilities of $0, net assets of $368k. It reported 3 employees.