Nicely Theatre Group

Analysis

Nicely Theatre Group is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in April 2020, 6 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, Nicely Theatre Group reported income of $699k and spending of $796k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $652k to $699k (+7.2%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 136%. 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, Nicely Theatre Group 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 75th percentile within MI. Charities of a similar size with the same main cause include Taara US Inc ($699k), Fayetteville Community Center Group ($699k) and Natya Dance Theatre ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $30k (3.8% of expenses). Other salaries and wages came to $38k. At year end it held assets of $108k against liabilities of $883, net assets of $107k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.