Foundation of the American Theatre Critics Association

Analysis

Foundation of the American Theatre Critics Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foundation of the American Theatre Critics Association reported income of $65k and spending of $57k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $65k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation of the American Theatre Critics Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Job 29 Ministries Inc ($65k), Gweimen Centre Ltd ($65k) and Terrapin Station Sober Living NFP ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.