Theatre with a Twist Inc

Analysis

Theatre with a Twist Inc is a registered charity in United States, based in Acton, MA. It received its IRS tax-exemption ruling in February 2022, 4 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, Theatre with a Twist Inc reported income of $310k and spending of $204k, leaving 34% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $84k to $310k (+269%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 80% 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 with a Twist Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Milton Art Center Inc ($310k), Performing Arts Serving Acadiana Inc ($310k) and Ohio Air & Space Hall of Fame & Museum Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $72k (35% of expenses). Other salaries and wages came to $30k. At year end it held assets of $196k against liabilities of $2,800, net assets of $193k. It reported 9 employees.