Notch Theatre Company

Analysis

Notch Theatre Company 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Notch Theatre Company reported income of $292k and spending of $323k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $292k (+17%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 27%. 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, Notch Theatre Company sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Okanogan County Historical Society Incorporated ($292k), Alchemy Art Center ($292k) and American-Russian Educational Center Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $26k. At year end it held assets of $217k against liabilities of $6,157, net assets of $211k. It reported 3 employees.