Colt Coeur Theater Company Inc

Analysis

Colt Coeur Theater Company Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2011, 15 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 June 2023, Colt Coeur Theater Company Inc reported income of $266k and spending of $254k, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $206k to $266k (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colt Coeur Theater Company Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Cleveland Arts Prize ($266k), Colorado Jazz Inc ($266k) and Newsome Band Boosters Inc ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $35k (14% of expenses). Other salaries and wages came to $16k. At year end it held assets of $244k against liabilities of $16k, net assets of $229k. It reported 5 employees.