Origin Theatre Company Inc

Analysis

Origin Theatre Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2018, 8 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 June 2023, Origin Theatre Company Inc reported income of $185k and spending of $231k, spending 125% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $436k to $185k (-58%), an average of -25% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Origin Theatre Company Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Everett Museum of History ($185k), Deutsche Schule Charlotte Inc ($185k) and Guanyin Citta LA Inc ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $101k. At year end it held assets of $6,049 against liabilities of $38k, net assets of -$32k. It reported 11 employees.