Time Slip Theatre Incorporated

Analysis

Time Slip Theatre Incorporated is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2021, 5 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, Time Slip Theatre Incorporated reported income of $62k and spending of $59k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $99k to $62k (-38%), an average of -38% a year. The sharpest change came in the year to June 2024, when income dropped by 38%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Time Slip Theatre Incorporated sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within KY. Charities of a similar size with the same main cause include Tech Community Coalition Inc ($62k), Martin Musicals ($62k) and Japanese Music Institute of America ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.4% and program service revenue 89% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.