Pear Avenue Theatre

Analysis

Pear Avenue Theatre is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in June 2004, 22 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, Pear Avenue Theatre reported income of $235k and spending of $340k, spending 145% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $234k to $235k (+0.5%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. 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, Pear Avenue Theatre sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Utah Journalism Foundation ($235k), Pennsylvania Public Radio Associates Inc ($235k) and SST Productions ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $61k (18% of expenses). Other salaries and wages came to $77k. At year end it held assets of $96k against liabilities of $8,490, net assets of $88k. It reported 6 employees.