Artist Connection Theatre Inc

Analysis

Artist Connection Theatre Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 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 2022, Artist Connection Theatre Inc reported income of $126k and spending of $122k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $106k to $126k (+19%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artist Connection Theatre Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Minnesota Makers & Artists Guild ($126k), P3 Theatre Company ($126k) and Korean American Federation of Utah ($126k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.