Theatre Now New York Inc

Analysis

Theatre Now New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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 (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, Theatre Now New York Inc reported income of $134k and spending of $127k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $134k (+14%), an average of +14% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Now New York Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Allegro Music School Inc ($134k), Russell County Arts Council Inc ($134k) and South Dayton Dance Theatre ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $15k against liabilities of $14k, net assets of $786.