Bob Carters Actors Workshop & Repertory Company Inc

Analysis

Bob Carters Actors Workshop & Repertory Company Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bob Carters Actors Workshop & Repertory Company Inc reported income of $168k and spending of $190k, spending 113% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income fell from $246k to $168k (-32%), an average of -18% a year. The sharpest change came in the year to September 2022, when income dropped by 31%. 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, Bob Carters Actors Workshop & Repertory Company Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include American Friends of Maru a Pula School Inc ($168k), Columbia Pro Cantare Ltd ($168k) and East Lake Band Boosters Corporation ($168k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. At year end it held assets of $105k against liabilities of $126k, net assets of -$20k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.