Empathy Theatre Project

Analysis

Empathy Theatre Project is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Empathy Theatre Project reported income of $97k and spending of $109k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $97k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Empathy Theatre Project sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Savannah Ballet Theatre Inc ($97k), Daniels Farmstead Foundation Inc ($97k) and Hollidaysburg Area Music Parents Association ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.