Twinhead Theatre Inc

Analysis

Twinhead Theatre Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Twinhead Theatre Inc reported income of $93k and spending of $87k, spending 93% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $60k to $93k (+56%), an average of +56% a year. The sharpest change came in the year to January 2024, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twinhead Theatre Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Pure Creative Arts ($93k), New World Youth Ballet ($93k) and Roanoke Festival in the Park Inc ($93k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 56% and program service revenue 32% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.