Invisible Theatre

Analysis

Invisible Theatre is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1974, 52 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, Invisible Theatre reported income of $396k and spending of $417k, spending 105% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $305k to $396k (+30%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 25%. 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, Invisible Theatre sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Antique and Classic Boat Society Inc ($396k), New York Mills Arts Retreat ($396k) and Curtis Community Arts Council Inc ($396k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $73k (18% of expenses). Other salaries and wages came to $100k. At year end it held assets of $262k against liabilities of $121k, net assets of $141k. It reported 12 employees.