Sebastiani Theater Foundation Inc

Analysis

Sebastiani Theater Foundation Inc is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in June 2008, 18 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 December 2023, Sebastiani Theater Foundation Inc reported income of $888k and spending of $756k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $712k to $888k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sebastiani Theater Foundation 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 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include CTT Comedy ($888k), Intonation Music Workshop ($888k) and Institute of Mentalphysics ($888k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 46% of the total. Other salaries and wages came to $236k. At year end it held assets of $1.3m against liabilities of $33k, net assets of $1.2m. It reported 23 employees.