Amazing Theatre Company Inc

Analysis

Amazing Theatre Company Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in July 2014, 12 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, Amazing Theatre Company Inc reported income of $83k and spending of $81k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $83k (-8.3%), an average of -8.3% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amazing Theatre Company Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Vietnamese Community of Clark County ($83k), Liberty Warbird Association ($83k) and The Colonel Drake Cultural ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. At year end it held assets of $54k against liabilities of $32k, net assets of $23k.