New Paradigm Theatre Company Inc

Analysis

New Paradigm Theatre Company Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New Paradigm Theatre Company Inc reported income of $75k and spending of $85k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $89k to $75k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 102% 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 Paradigm Theatre Company Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Enamel Arts Foundation ($75k), Dumbo Film Festival Inc ($75k) and American Night Writers Association ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $59k against liabilities of $501, net assets of $58k.