Slow Burn Theatre Company Inc

Analysis

Slow Burn Theatre Company Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Slow Burn Theatre Company Inc reported income of $2.4m and spending of $2.6m, spending 108% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.7m to $2.4m (+40%), an average of +7.0% a year. The sharpest change came in the year to July 2022, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Slow Burn Theatre Company Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Political Research Associates ($2.4m), Cleveland International Film Festival Inc ($2.4m) and Lumity ($2.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Other salaries and wages came to $309k. At year end it held assets of $818k against liabilities of $362k, net assets of $456k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.