Teatro Audaz San Antonio

Analysis

Teatro Audaz San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 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 August 2023, Teatro Audaz San Antonio reported income of $461k and spending of $366k, leaving 21% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $343k to $461k (+34%), an average of +34% a year. The sharpest change came in the year to August 2023, when income rose by 34%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Teatro Audaz San Antonio sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include For the People by the People ($461k), Virginia Hispanic Chamber Foundation Inc ($461k) and Crowley Museum and Nature Center Inc ($461k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $215k against liabilities of $0, net assets of $215k.