Ariel Theatrical Inc

Analysis

Ariel Theatrical Inc is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in December 1994, 32 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 October 2023, Ariel Theatrical Inc reported income of $569k and spending of $611k, spending 107% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $511k to $569k (+11%), an average of +2.7% a year. The sharpest change came in the year to October 2022, when income rose by 55%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ariel Theatrical Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Little Theater on the Bay Inc ($569k), Visionworkshops Inc ($569k) and World of Westchase Inc ($568k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $356k. At year end it held assets of $995k against liabilities of $154k, net assets of $841k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.