Eight O Clock Theatre Inc

Analysis

Eight O Clock Theatre Inc is a registered charity in United States, based in Safety Harbor, FL. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Eight O Clock Theatre Inc reported income of $330k and spending of $284k, spending 86% of its income. Across the 6 years on record, from September 2017 to September 2023, income grew from $298k to $330k (+11%), an average of +2.0% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eight O Clock Theatre Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Space Price Foudation Inc ($330k), Museum Association of East Muskingum ($330k) and The Copper Bridge Foundation Inc ($330k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $2,231 (0.8% of expenses). At year end it held assets of $244k against liabilities of $1,262, net assets of $243k. It reported 2 employees.