Westcoast Black Theatre Troupe of Florida Inc

Analysis

Westcoast Black Theatre Troupe of Florida Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in February 2002, 24 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 September 2023, Westcoast Black Theatre Troupe of Florida Inc reported income of $5.1m and spending of $5.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $5.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to September 2023, when income rose by 19%. 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, Westcoast Black Theatre Troupe of Florida Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Lemay-Americas Car Museum ($5.1m), French Quarter Festival Inc ($5.1m) and Institute of Navigation ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $14.1m against liabilities of $5.7m, net assets of $8.3m. It reported 49 employees.