Otic Theater Collective

Analysis

Otic Theater Collective is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2022, 4 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, Otic Theater Collective reported income of $264k and spending of $247k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $71k to $264k (+275%), an average of +94% a year. The sharpest change came in the year to June 2023, when income rose by 149%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Otic Theater Collective sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Community Television Network ($264k), Pasacat Inc ($264k) and Foundation for Female Health Awareness Inc ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Other salaries and wages came to $112k. At year end it held assets of $52k against liabilities of $350, net assets of $51k.