Theater Alliance of Washington DC

Analysis

Theater Alliance of Washington DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2000, 26 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 June 2024, Theater Alliance of Washington DC reported income of $422k and spending of $571k, spending 135% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $455k to $422k (-7.3%), an average of -1.5% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theater Alliance of Washington DC sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 40th percentile within DC. Charities of a similar size with the same main cause include Science Museums of Wilson Inc ($422k), Sudbury Access Corporation ($422k) and Kentucky Association of School Councils ($422k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). Other salaries and wages came to $76k. At year end it held assets of $149k against liabilities of $13k, net assets of $135k. It reported 7 employees.