Nitsch Theatre Arts NFP

Analysis

Nitsch Theatre Arts NFP is a registered charity in United States, based in East Peoria, IL. It received its IRS tax-exemption ruling in June 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, Nitsch Theatre Arts NFP reported income of $426k and spending of $356k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $426k (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nitsch Theatre Arts NFP sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Society for Creative Anachronism Inc ($426k), Asheville Watchdog ($426k) and Emerging Artists Theatre Co Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $131k. At year end it held assets of $947k against liabilities of $600k, net assets of $347k. It reported 10 employees.