The Sapphire Theatre Company Inc

Analysis

The Sapphire Theatre Company Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2008, 18 years ago. 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, The Sapphire Theatre Company Inc reported income of $361k and spending of $378k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $361k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Sapphire Theatre Company Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($360k), Knox Pregnancy Services Incorporated ($361k) and Housing Works Housing Development Fund Corporation ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $87k (23% of expenses). Other salaries and wages came to $124k. It paid $200 in professional fundraising fees. At year end it held assets of $92k against liabilities of $11k, net assets of $81k. It reported 9 employees.