Incite Shakespeare Company Santa Fe

Analysis

Incite Shakespeare Company Santa Fe is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 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, Incite Shakespeare Company Santa Fe reported income of $55k and spending of $63k, spending 115% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $73k to $55k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Incite Shakespeare Company Santa Fe sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within NM. Charities of a similar size with the same main cause include Belliston Ballet Inc ($55k), Constellations Chamber Concerts ($55k) and Coal Creek Miners Museum Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.