Crave Theatre Company

Analysis

Crave Theatre Company is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 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 June 2024, Crave Theatre Company reported income of $110k and spending of $160k, spending 145% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $65k to $110k (+70%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crave Theatre Company sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OR. Charities of a similar size with the same main cause include Tabernacle Productions Inc ($110k), Dance Initiative Inc ($110k) and Belton-Honea Path Music Boosters ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $2,434 against liabilities of $32k, net assets of -$30k.