React Theatre

Analysis

React Theatre is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2015, 11 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, React Theatre reported income of $67k and spending of $67k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $67k (+169%), an average of +169% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, React Theatre sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Chicago Cabaret Professionals ($67k), Phoenix Renaissance Inc ($67k) and Norton Theater Association Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. At year end it held assets of $258 against liabilities of $0, net assets of $258.