Su Teatro

Analysis

Su Teatro is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1988, 38 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, Su Teatro reported income of $1.1m and spending of $989k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $890k to $1.1m (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Su Teatro sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Delaware Center for Contemporary Arts ($1.1m), Manhattan Youth Ballet Inc ($1.1m) and Tabor Opera House Preservation Foundation Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $81k (8.2% of expenses). Other salaries and wages came to $417k. At year end it held assets of $2.2m against liabilities of $183k, net assets of $2.1m. It reported 27 employees.