Anthony Bean Community Theater and Acting School

Analysis

Anthony Bean Community Theater and Acting School is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2013, 13 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, Anthony Bean Community Theater and Acting School reported income of $118k and spending of $121k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $193k to $118k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Anthony Bean Community Theater and Acting School sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include San Ramon Valley Dance Boosters Inc ($118k), Tetra String Quartet ($118k) and Twin Steeples Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. At year end it held assets of $4,469 against liabilities of $0, net assets of $4,469.