Theater Project a NJ Nonprofit Corporation

Analysis

Theater Project a NJ Nonprofit Corporation is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in January 2012, 14 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 Project a NJ Nonprofit Corporation reported income of $91k and spending of $95k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $91k (-0.2%), an average of -0.2% a year. 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, Theater Project a NJ Nonprofit Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Southern Pacific Railroad History Center ($91k), Theatre Arts for Everyone ($91k) and Quannapowitt Players Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 24% of the total. At year end it held assets of $31k against liabilities of $1,646, net assets of $29k.