Deeply Rooted Productions Inc

Analysis

Deeply Rooted Productions Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1997, 29 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 August 2023, Deeply Rooted Productions Inc reported income of $3.9m and spending of $1.3m, leaving 67% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $581k to $3.9m (+565%), an average of +61% a year. The sharpest change came in the year to August 2023, when income rose by 104%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Deeply Rooted Productions Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include DSM Management Group Inc ($3.9m), Society for Neuro-Oncology ($3.9m) and Contemporary American Theatre Festival Inc ($3.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $148k (12% of expenses). Other salaries and wages came to $313k. At year end it held assets of $4.0m against liabilities of $356k, net assets of $3.7m.