Educational Theatre Company

Analysis

Educational Theatre Company is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 1999, 27 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, Educational Theatre Company reported income of $495k and spending of $473k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $495k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Educational Theatre Company sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Andrew County Museum & Historical Society ($495k), Rodriguez Music Boosters ($495k) and Artsrevive Community Development Corporation ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $6,814. At year end it held assets of $509k against liabilities of $20k, net assets of $488k. It reported 59 employees.