New Light Theatre Company

Analysis

New Light Theatre Company is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in March 2019, 7 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, New Light Theatre Company reported income of $89k and spending of $88k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $89k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Light Theatre Company sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within DE. Charities of a similar size with the same main cause include Braddocks Battlefield History Center Inc ($89k), Garibaldi Museum Inc ($89k) and Avon Community Access and Media ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.