Theater Bus Incorporated

Analysis

Theater Bus Incorporated is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 1979, 47 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 December 2023, Theater Bus Incorporated reported income of $81k and spending of $74k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $81k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theater Bus Incorporated sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include DFW Tamil Foundation ($81k), Envision Kindness Inc ($81k) and Downtown Chamber Series ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 64% of the total. At year end it held assets of $144k against liabilities of $3,502, net assets of $141k.