Time and Space Limited Theatre Co Inc

Analysis

Time and Space Limited Theatre Co Inc is a registered charity in United States, based in Hudson, NY. It received its IRS tax-exemption ruling in October 1975, 51 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, Time and Space Limited Theatre Co Inc reported income of $433k and spending of $465k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $513k to $433k (-16%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Time and Space Limited Theatre Co Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Preservation Greensboro Incorporated ($433k), The Jar ($433k) and San Luis Obispo Childrens Museum ($432k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $85k (18% of expenses). Other salaries and wages came to $137k. At year end it held assets of $542k against liabilities of $130k, net assets of $411k. It reported 12 employees.