Diversionary Theatre Productions Inc

Analysis

Diversionary Theatre Productions Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1992, 34 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, Diversionary Theatre Productions Inc reported income of $1.2m and spending of $1.6m, spending 133% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.1m to $1.2m (-42%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diversionary Theatre Productions Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include The Lafayette Society Forperforming Arts Inc ($1.2m), Gillispie County Historical Society Inc ($1.2m) and Public Media Network ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $107k (6.5% of expenses). Other salaries and wages came to $591k. At year end it held assets of $4.1m against liabilities of $250k, net assets of $3.9m. It reported 37 employees.