Theatre Arlington Inc

Analysis

Theatre Arlington Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in January 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, Theatre Arlington Inc reported income of $1.2m and spending of $1.3m, spending 111% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income grew from $1.1m to $1.2m (+7.9%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 3678%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Arlington Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Drama Club Inc ($1.2m), Community Business Partnership Inc ($1.2m) and Fort Wayne Civic Theatre Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $55k (4.2% of expenses). Other salaries and wages came to $507k. At year end it held assets of $3.9m against liabilities of $846k, net assets of $3.1m. It reported 61 employees.