Thrown Stone Theatre Company

Analysis

Thrown Stone Theatre Company is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thrown Stone Theatre Company reported income of $134k and spending of $178k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $242k to $134k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thrown Stone Theatre Company sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Music with Confidence ($134k), Northside Music School Inc ($134k) and Southern States Communication Assn ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. At year end it held assets of $72k against liabilities of $160, net assets of $72k.