Out of the Box Theatrics Inc

Analysis

Out of the Box Theatrics Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2017, 9 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, Out of the Box Theatrics Inc reported income of $354k and spending of $515k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $354k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Out of the Box Theatrics Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Project Real ($354k), Partnership to Advance Responsible Technology ($355k) and Lagrange Symphony Orchestra Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. Other salaries and wages came to $108k. At year end it held assets of $45k against liabilities of $533k, net assets of -$487k. It reported 16 employees.