Break a Leg Theater Works Inc

Analysis

Break a Leg Theater Works Inc is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in April 2018, 8 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, Break a Leg Theater Works Inc reported income of $259k and spending of $205k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $259k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Break a Leg Theater Works Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Arlington Artist Alliance ($259k), Endowment for McWane Science Center ($259k) and Georgias Old Capital Heritage Center at the Depot Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $66k (32% of expenses). At year end it held assets of $93k against liabilities of $123k, net assets of -$30k. It reported 2 employees.