Thinktank Theatre Inc

Analysis

Thinktank Theatre Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 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 June 2023, Thinktank Theatre Inc reported income of $109k and spending of $116k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $114k to $109k (-3.8%), an average of -3.8% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thinktank Theatre Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Art Works Projects ($109k), Syren Modern Dance ($109k) and Holland Celtic Society ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.