New Ground Theatre

Analysis

New Ground Theatre is a registered charity in United States, based in East Moline, IL. It received its IRS tax-exemption ruling in August 2001, 25 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, New Ground Theatre reported income of $74k and spending of $62k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $74k (+2.6%), an average of +2.6% a year. 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, New Ground Theatre sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Guyana Cultural Association of New York Inc ($74k), Sweet Adelines International ($74k) and Shakespeare in Clark Park ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 78% of the total. At year end it held assets of $223k against liabilities of $217k, net assets of $6,230.