Theatre Adventure Inc

Analysis

Theatre Adventure Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Theatre Adventure Inc reported income of $176k and spending of $198k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $226k to $176k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Theatre Adventure Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 42nd percentile within VT. Charities of a similar size with the same main cause include Casa of Caroline Inc ($176k), Cody Jude Barrasse Foundation ($176k) and Hillcrest Foundation for Enhancing Lives ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 24% of the total. At year end it held assets of $85k against liabilities of $11k, net assets of $74k.