Shea Theater Arts Center Inc

Analysis

Shea Theater Arts Center Inc is a registered charity in United States, based in Turners Falls, MA. It received its IRS tax-exemption ruling in November 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shea Theater Arts Center Inc reported income of $311k and spending of $315k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $247k to $311k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shea Theater Arts Center 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 Gaston School of the Arts Inc ($311k), Katy Ffa Livestock Show & Rodeo Association Inc ($311k) and Jewish Partisan Educational Foundation Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $58k. At year end it held assets of $309k against liabilities of $72k, net assets of $237k. It reported 4 employees.