A Source of Joy Theatricals Inc

Analysis

A Source of Joy Theatricals Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2011, 15 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, A Source of Joy Theatricals Inc reported income of $562k and spending of $461k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $310k to $562k (+81%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Source of Joy Theatricals Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NV. Charities of a similar size with the same main cause include Indianapolis Shakespeare Company Inc ($562k), Sounds Good Choir NFP ($562k) and Theo Ubique Theatre ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.