Interact Productions-A New Jersey Not for Profit Corporation

Analysis

Interact Productions-A New Jersey Not for Profit Corporation is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in December 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Interact Productions-A New Jersey Not for Profit Corporation reported income of $67k and spending of $59k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $83k to $67k (-19%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 76%. 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, Interact Productions-A New Jersey Not for Profit Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Ars Choralis Inc ($67k), Northwest Treasures ($67k) and Reinvented Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.