Great Arizona Puppet Theater Inc

Analysis

Great Arizona Puppet Theater Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1985, 41 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 2023, Great Arizona Puppet Theater Inc reported income of $411k and spending of $531k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $438k to $411k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Arizona Puppet Theater Inc 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 65th percentile within AZ. Charities of a similar size with the same main cause include Quad-City Music Guild ($411k), Participatory Politics Foundation ($411k) and American Chemical Society ($411k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $242k (46% of expenses). At year end it held assets of $337k against liabilities of $399k, net assets of -$63k. It reported 8 employees.