New Orleans Theatre Association Inc

Analysis

New Orleans Theatre Association Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 1986, 40 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 December 2023, New Orleans Theatre Association Inc reported income of $337k and spending of $410k, spending 122% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $565k to $337k (-40%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income rose by 339%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Orleans Theatre Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include Fairfield County Heritage Association ($337k), Fontana Chamber Arts ($337k) and Sisters in Cinema ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.1m against liabilities of $106k, net assets of $1.0m.