Theatre of the Emerging American Moment

Analysis

Theatre of the Emerging American Moment is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 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 June 2023, Theatre of the Emerging American Moment reported income of $430k and spending of $305k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $432k to $430k (-0.4%), an average of -0.1% a year. Over the whole period it spent 70% 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 of the Emerging American Moment sits at the 75th percentile: it is larger than about 74% 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 Cat Association ($430k), Day Eight ($430k) and Emerald City Music ($430k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $102k (34% of expenses). Other salaries and wages came to $67k. At year end it held assets of $504k against liabilities of $28k, net assets of $476k. It reported 55 employees.