Black Spectrum Theatre Co Inc Roy Wilkins Park

Analysis

Black Spectrum Theatre Co Inc Roy Wilkins Park is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 May 2023, Black Spectrum Theatre Co Inc Roy Wilkins Park reported income of $3.4m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.9m to $3.4m (+79%), an average of +16% a year. The sharpest change came in the year to May 2021, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Spectrum Theatre Co Inc Roy Wilkins Park sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Tender Care Community Clinic Inc ($3.4m), Brooklyn Center for Families in Crisis Inc ($3.4m) and Racine County Project Emergency Inc ($3.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 93% and program service revenue 4.7% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $955k against liabilities of $13k, net assets of $942k. It reported 52 employees.