Apex Theatre Studio Inc

Analysis

Apex Theatre Studio Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in March 2016, 10 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, Apex Theatre Studio Inc reported income of $110k and spending of $99k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $110k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apex Theatre Studio Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Chicora Voices ($110k), Suzuki School of the Arts ($110k) and Asian Art Foundation ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.