Inside Out Theatre Co Inc

Analysis

Inside Out Theatre Co Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in June 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 August 2023, Inside Out Theatre Co Inc reported income of $264k and spending of $230k, spending 87% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $102k to $264k (+159%), an average of +37% a year. The sharpest change came in the year to August 2021, when income rose by 101%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inside Out Theatre Co Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Sarasota Music Conservatory Inc ($264k), Syracuse Symphony Foundation Inc ($264k) and Golden Gate Boys Choir ($264k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $55k (24% of expenses). At year end it held assets of $85k against liabilities of $0, net assets of $85k. It reported 1 employees.