Constellation Theatre Company

Analysis

Constellation Theatre Company is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2009, 17 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, Constellation Theatre Company reported income of $1.1m and spending of $1.3m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $990k to $1.1m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Constellation Theatre Company 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 57th percentile within DC. Charities of a similar size with the same main cause include Watershed NP Inc ($1.1m), Utah Metropolitan Ballet ($1.1m) and Minnesota Center for Book Arts ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $64k (4.7% of expenses). Other salaries and wages came to $317k. At year end it held assets of $547k against liabilities of $3,213, net assets of $544k. It reported 15 employees.