Renaissance Theatre Company

Analysis

Renaissance Theatre Company is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2023, 3 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, Renaissance Theatre Company reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $576k to $2.5m (+327%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Renaissance Theatre Company sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Rice Institute Inc ($2.5m), The American Center of Research Incorporated ($2.5m) and Rockport Music Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $217k against liabilities of $7,720, net assets of $209k. It reported 182 employees.