Fantasy Theatre Factory Inc

Analysis

Fantasy Theatre Factory Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 1983, 43 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 September 2023, Fantasy Theatre Factory Inc reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $932k to $2.0m (+118%), an average of +22% a year. The sharpest change came in the year to September 2023, when income rose by 60%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fantasy Theatre Factory Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Tara Institute of the Performing Arts Incorporated ($2.0m), Jay Heritage Center ($2.0m) and Legion-Aires Drum and Bugle Corps ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.0m against liabilities of $500k, net assets of $533k. It reported 14 employees.