No Square Theatre

Analysis

No Square Theatre is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in May 1994, 32 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, No Square Theatre reported income of $302k and spending of $341k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $234k to $302k (+29%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 34%. 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, No Square Theatre sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Watsonville Film Festival ($302k), Broadway and Vine Inc ($302k) and Henryk Sienkiewicz Polish School NFP ($302k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $66k. At year end it held assets of $461k against liabilities of $31k, net assets of $430k. It reported 2 employees.