Alumni Theater Company

Analysis

Alumni Theater Company is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 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 August 2023, Alumni Theater Company reported income of $716k and spending of $790k, spending 110% of what it took in. Across the 5 years on record, from July 2019 to August 2023, income fell from $743k to $716k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to August 2023, when income rose by 69%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alumni Theater Company sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include North Carolina Alliance for Public Charter Schools ($716k), Mission Local SF ($716k) and Arts Center Task Force ($716k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $78k (9.9% of expenses). Other salaries and wages came to $90k. At year end it held assets of $273k against liabilities of $8,171, net assets of $265k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.