Masters Theatre Inc

Analysis

Masters Theatre Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Masters Theatre Inc reported income of $66k and spending of $65k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $66k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masters Theatre Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 17th percentile within ND. Charities of a similar size with the same main cause include Sikh Sevak Society ($66k), The Cambodian Buddhist and Cutural Society Incopporation of Tacoma ($66k) and Buddhist Forest Meditation Center ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (59% of expenses). At year end it held assets of $1,993 against liabilities of $0, net assets of $1,993. It reported 2 employees.