Fault Line Theatre Inc

Analysis

Fault Line Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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, Fault Line Theatre Inc reported income of $179k and spending of $217k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $179k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. 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, Fault Line Theatre Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Upstate Community Enhancement Foundation Inc ($179k), Nava Dance Theatre ($179k) and Durand Union Station Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. At year end it held assets of $53k against liabilities of $35k, net assets of $18k.