Upright Theatre Company

Analysis

Upright Theatre Company is a registered charity in United States, based in Euless, TX. It received its IRS tax-exemption ruling in January 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, Upright Theatre Company reported income of $143k and spending of $159k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $143k (+6.0%), an average of +6.0% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Upright Theatre Company sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Three Notchd Road Inc ($143k), Carmel Dance Festival ($143k) and The African Heritage Association of St Louis Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.