Theatre Foundation

Analysis

Theatre Foundation is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Theatre Foundation reported income of $66k and spending of $79k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $66k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Theatre Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Paul Robert Carey Foundation ($66k), Mabel Fire Relief Assn ($66k) and Michigan Pharmacy Foundation ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $351k against liabilities of $17k, net assets of $334k.