American Theater Group Inc

Analysis

American Theater Group Inc is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in June 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 June 2024, American Theater Group Inc reported income of $363k and spending of $348k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $283k to $363k (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Theater Group Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Bugle Boy Foundation ($363k), Historic Downtown Liberty Inc ($363k) and Shakespeare on the Sound Inc ($363k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). Other salaries and wages came to $36k. At year end it held assets of $300k against liabilities of $106k, net assets of $194k. It reported 22 employees.