Out of the Box Theatre Company Inc

Analysis

Out of the Box Theatre Company Inc is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in July 2013, 13 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, Out of the Box Theatre Company Inc reported income of $74k and spending of $118k, spending 160% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $87k to $74k (-15%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 15%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Out of the Box Theatre Company Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Les Film Festival Inc ($74k), Pennsylvania Veterans Museum ($74k) and Consumer Center for Resources ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.