Womens Theatre Festival

Analysis

Womens Theatre Festival is a registered charity in United States, based in Raleigh, NC. 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 June 2023, Womens Theatre Festival reported income of $159k and spending of $169k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $148k to $159k (+6.8%), an average of +6.8% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Womens Theatre Festival sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Articulture ($159k), Quincy Music Theatre Inc ($159k) and DC Independent Film Festival ($158k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $33k against liabilities of $26k, net assets of $6,626.