Theatre Artists Studio Inc

Analysis

Theatre Artists Studio Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in January 2001, 25 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 June 2023, Theatre Artists Studio Inc reported income of $260k and spending of $288k, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $274k to $260k (-5.4%), an average of -5.4% a year. 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, Theatre Artists Studio Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include The Defiance Community Cultural Council Inc ($260k), Thesmallslivefoundationinc ($260k) and Spencertown Academy Society ($259k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $23k against liabilities of $7,833, net assets of $15k.