Art Reach Educational Theatre

Analysis

Art Reach Educational Theatre is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in February 2010, 16 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, Art Reach Educational Theatre reported income of $52k and spending of $52k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $52k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Reach Educational Theatre sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Zeuss Thigh Ltd ($52k), Son of Semele Ensemble Inc ($52k) and Itheatre Collaborative ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $2,423 against liabilities of $0, net assets of $2,423.