Writers Theatre Inc

Analysis

Writers Theatre Inc is a registered charity in United States, based in Glencoe, IL. It received its IRS tax-exemption ruling in May 1993, 33 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 July 2023, Writers Theatre Inc reported income of $4.8m and spending of $6.0m, spending 127% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $6.0m to $4.8m (-21%), an average of -5.7% a year. The sharpest change came in the year to July 2021, when income dropped by 57%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Writers Theatre Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Community Communications Inc ($4.8m), Spruill Center for the Arts Inc ($4.8m) and Engineering Conferences International Inc ($4.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $326k (5.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $31.4m against liabilities of $997k, net assets of $30.4m. It reported 154 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.