State Theater Company

Analysis

State Theater Company is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1982, 44 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, State Theater Company reported income of $224k and spending of $78k, leaving 65% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $96k to $224k (+135%), an average of +24% a year. The sharpest change came in the year to September 2022, when income rose by 209%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, State Theater Company sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include New Musicals Inc ($224k), Redwood County Historical Society ($224k) and Senior Resources of Freeborn County ($224k).

At year end it held assets of $2.8m against liabilities of $3,645, net assets of $2.8m.