Second Generation Theatre Company Inc

Analysis

Second Generation Theatre Company Inc is a registered charity in United States, based in Kenmore, NY. It received its IRS tax-exemption ruling in December 2014, 12 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 July 2023, Second Generation Theatre Company Inc reported income of $211k and spending of $195k, spending 93% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $203k to $211k (+3.6%), an average of +3.6% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Second Generation Theatre Company Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Pumping Station One NFP ($210k), Laughing Horse Arts Foundation ($211k) and Fallbrook Gem & Mineral Society Inc ($210k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 59% and program service revenue 29% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.