New Land Theatricals Inc

Analysis

New Land Theatricals Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 2021, 5 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 Land Theatricals Inc reported income of $192k and spending of $171k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $192k (+3.5%), an average of +3.5% a year. Over the whole period it spent 87% 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 Land Theatricals Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Tri City Steelband Association Tcsba ($192k), Taiwanese American Federation of Northern California-Tafnc ($192k) and North Shore Performing Arts Center Foundation in Skokie ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.