Renaissance Theaterworks Inc

Analysis

Renaissance Theaterworks Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1995, 31 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, Renaissance Theaterworks Inc reported income of $826k and spending of $803k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $818k to $826k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Renaissance Theaterworks Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include River and Rail Theatre Company ($826k), Beverly Cable and Telecommunications Corporation ($826k) and American Astronautical Society Inc ($825k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Other salaries and wages came to $345k. At year end it held assets of $735k against liabilities of $51k, net assets of $685k. It reported 26 employees.