Georgia Ensemble Theatre Company

Analysis

Georgia Ensemble Theatre Company is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in December 1992, 34 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 2023, Georgia Ensemble Theatre Company reported income of $741k and spending of $785k, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $741k (-51%), an average of -16% a year. The sharpest change came in the year to August 2021, when income dropped by 37%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgia Ensemble Theatre Company sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Rhinebeck Performing Arts Inc ($741k), Foundation for Chemistry Research and Initiatives ($741k) and Heritage Camps for Adoptive Families Inc ($741k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $43k (5.5% of expenses). Other salaries and wages came to $523k. At year end it held assets of $30k against liabilities of $254k, net assets of -$224k. It reported 17 employees.