Water People Theater Group NFP

Analysis

Water People Theater Group NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Water People Theater Group NFP reported income of $299k and spending of $245k, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $208k to $299k (+44%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Water People Theater Group NFP sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include American Friends of Atlas Kinder Foundation ($299k), Chicago International Social Change Film Festival ($299k) and Redlands Art Association ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $105k (43% of expenses). At year end it held assets of $76k against liabilities of $0, net assets of $76k. It reported 2 employees.