Enchantment Theatre Company

Analysis

Enchantment Theatre Company is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2023, Enchantment Theatre Company reported income of $399k and spending of $378k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $461k to $399k (-13%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 185%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Enchantment Theatre Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Harpswell News ($399k), Lotus Education and Arts Foundation Inc ($399k) and Old Rochester Community Television Inc ($399k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $85k (23% of expenses). Other salaries and wages came to $60k. At year end it held assets of $307k against liabilities of $218k, net assets of $90k. It reported 20 employees.