Theatre Southwest Inc

Analysis

Theatre Southwest Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1976, 50 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 August 2024, Theatre Southwest Inc reported income of $85k and spending of $85k, spending 100% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $87k to $85k (-1.6%), an average of -1.6% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Southwest Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Phoenix Police Museum ($85k), India Association of Greater Boston Inc ($85k) and Silver Creek Organization for Performing Arts ($85k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.