Black Theatre United

Analysis

Black Theatre United is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 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 May 2023, Black Theatre United reported income of $416k and spending of $385k, spending 93% of its income. Across the 3 years on record, from May 2021 to May 2023, income grew from $262k to $416k (+59%), an average of +26% a year. The sharpest change came in the year to May 2023, when income rose by 138%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Theatre United sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Kanopy Dance Theatre Inc ($416k), Lacis Museum of Lace and Textiles Inc ($416k) and Sound Circle Center for Arts and Anthroposophy ($416k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (36% of expenses). Other salaries and wages came to $86k. At year end it held assets of $355k against liabilities of $21k, net assets of $334k. It reported 1 employees.