New Generation Theatrical Inc

Analysis

New Generation Theatrical Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in April 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 Generation Theatrical Inc reported income of $713k and spending of $714k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $713k (+449%), an average of +449% a year. The sharpest change came in the year to December 2023, when income rose by 449%. Over the whole period it spent 100% 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 Generation Theatrical Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Thomas County Historical Society ($713k), Pacific Pinball Museum ($713k) and Lincoln Community Playhouse Inc ($713k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $4,950 against liabilities of $0, net assets of $4,950.