Ensemble Studio Theatre Inc

Analysis

Ensemble Studio Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1972, 54 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, Ensemble Studio Theatre Inc reported income of $835k and spending of $2.1m, spending 255% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $835k (-74%), an average of -29% a year. The sharpest change came in the year to June 2022, when income rose by 460%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ensemble Studio Theatre Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Charlotte Is Creative ($834k), Iowa Association of Soil Conservation District Commission ($835k) and The Ritz Theatre Company Inc ($834k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $143k (6.7% of expenses). Other salaries and wages came to $540k. At year end it held assets of $3.8m against liabilities of $90k, net assets of $3.7m. It reported 125 employees.