Facetime Theatre Inc

Analysis

Facetime Theatre Inc is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in January 2012, 14 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, Facetime Theatre Inc reported income of $364k and spending of $334k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $364k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Facetime Theatre 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 63rd percentile within PA. Charities of a similar size with the same main cause include Grand Oaks High School Band Booster Association ($364k), Operalex Inc ($365k) and Knox Partnership for Arts and Culture Inc ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 93% of the total. Other salaries and wages came to $115k. At year end it held assets of $966k against liabilities of $826k, net assets of $140k. It reported 19 employees.