Theatre Grottesco North America Inc

Analysis

Theatre Grottesco North America Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in July 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Theatre Grottesco North America Inc reported income of $144k and spending of $113k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $213k to $144k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Grottesco North America Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within NM. Charities of a similar size with the same main cause include The Korean American School of Heritage & Culture ($144k), Tupelo Community Theatre Inc ($144k) and Rodrigo Rodriguez Ministries LLC ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $14k (12% of expenses). Other salaries and wages came to $8,246. At year end it held assets of $126k against liabilities of $1,555, net assets of $125k. It reported 5 employees.