Connecticut Theatre Company

Analysis

Connecticut Theatre Company is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in April 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, Connecticut Theatre Company reported income of $75k and spending of $70k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $75k (+6.6%), an average of +6.6% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Theatre Company 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 Fiddle Ensemble Inc ($75k), Western Hellenic Journal Inc ($75k) and Roycrofters-At-Large-Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 63% of the total. At year end it held assets of $496k against liabilities of $0, net assets of $496k.