Teatro Vision

Analysis

Teatro Vision is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in February 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 June 2023, Teatro Vision reported income of $581k and spending of $553k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $494k to $581k (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Teatro Vision 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 Pence Gallery Association ($581k), Burlington Cable Access Television Inc ($581k) and Artists Collective Incorporated ($581k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $64k (12% of expenses). Other salaries and wages came to $197k. At year end it held assets of $518k against liabilities of $0, net assets of $518k. It reported 46 employees.