Red Chair Productions

Analysis

Red Chair Productions is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in September 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 (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, Red Chair Productions reported income of $133k and spending of $155k, spending 116% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $174k to $133k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red Chair Productions sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Honor Choir ($133k), Central California Chinese Culture Center Inc ($133k) and Pittsburgh Irish and Classical Theatre Inc ($133k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 91% of the total. At year end it held assets of $110k against liabilities of $1,430, net assets of $108k.