Association of Russian Speaking Theatres Corporation

Analysis

Association of Russian Speaking Theatres Corporation is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in April 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, Association of Russian Speaking Theatres Corporation reported income of $166k and spending of $193k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $166k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Russian Speaking Theatres Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Reitz Home Preservation Society Inc ($166k), Legacy Project ($166k) and American Story Project Theater Company Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 94% of the total. At year end it held assets of $7,169 against liabilities of $36k, net assets of -$29k.