Thalia Spanish Theatre Inc

Analysis

Thalia Spanish Theatre Inc is a registered charity in United States, based in Sunnyside, NY. It received its IRS tax-exemption ruling in May 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 (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 2024, Thalia Spanish Theatre Inc reported income of $704k and spending of $712k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $503k to $704k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thalia Spanish Theatre Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Jewish Womens Theatre ($704k), Museo Italo-Americano ($704k) and Opera San Luis Obispo Inc ($704k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $142k (20% of expenses). Other salaries and wages came to $80k. At year end it held assets of $170k against liabilities of $22k, net assets of $147k. It reported 8 employees.