New Theatre Guild Scholarship Foundation

Analysis

New Theatre Guild Scholarship Foundation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in October 1997, 29 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 Theatre Guild Scholarship Foundation reported income of $82k and spending of $70k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $148k to $82k (-44%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 71% 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 Theatre Guild Scholarship Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within KS. Charities of a similar size with the same main cause include The Bingham Trust ($82k), Oconee Youth Playhouse ($82k) and Countryside Alliance of the Somerset Hills ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 32% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.