Market Theatre Company

Analysis

Market Theatre Company is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in August 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, Market Theatre Company reported income of $239k and spending of $254k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $199k to $239k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Market Theatre Company sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 62nd percentile within SC. Charities of a similar size with the same main cause include Hudson Valley Research Laboratory Inc ($239k), Storytelling Arts of Indiana ($239k) and Grupo Folklorico de Pueblo Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $70k against liabilities of $16k, net assets of $54k.