Theatre Suburbia Inc

Analysis

Theatre Suburbia Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1964, 62 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 August 2023, Theatre Suburbia Inc reported income of $96k and spending of $98k, spending 102% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $100k to $96k (-4.2%), an average of -4.2% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Suburbia Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Sully Historical Society ($96k), Costa Mesa Civic Playhouse ($96k) and American Friends of the Shanghai Museum Inc ($96k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. At year end it held assets of $18k against liabilities of $4,637, net assets of $13k.