Kinetic Theatre Co

Analysis

Kinetic Theatre Co is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 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 (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, Kinetic Theatre Co reported income of $99k and spending of $89k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $206k to $99k (-52%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kinetic Theatre Co sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include K9 Foundation Yakima Valley ($99k), Dayton Gay Mens Chorus ($99k) and Seattle Jazz Fellowship ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.