Theatre Masters

Analysis

Theatre Masters is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in February 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Theatre Masters reported income of $165k and spending of $87k, leaving 47% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $84k to $165k (+97%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 85%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Masters sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Utah First- for Inspiration and Recognition of Science and Technol ($165k), Pull Tight Players Inc ($165k) and Cumberland County Historical Society ($165k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $233k against liabilities of $74, net assets of $233k.