Alchemy Theatre Troupe Inc

Analysis

Alchemy Theatre Troupe Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in July 2018, 8 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 June 2023, Alchemy Theatre Troupe Inc reported income of $131k and spending of $139k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $81k to $131k (+63%), an average of +63% a year. The sharpest change came in the year to June 2023, when income rose by 63%. 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, Alchemy Theatre Troupe Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within WV. Charities of a similar size with the same main cause include Petaluma Arts Council ($131k), Winterguard and Percussion of Oklahoma ($132k) and Innovative Pavement Research Foundation ($131k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $38k against liabilities of $10k, net assets of $28k.