The Stray Theater Inc
Analysis
The Stray Theater Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 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 (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, The Stray Theater Inc reported income of $296k and spending of $288k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $296k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 94% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Stray Theater Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Virginia National Ballet ($296k), Sones de Mexico Ensemble ($296k) and Harbor Theater ($296k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $68k (24% of expenses). At year end it held assets of $29k against liabilities of $0, net assets of $29k.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 70%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Virginia National Ballet | Manassas | $296k |
| Sones de Mexico Ensemble | Chicago | $296k |
| Harbor Theater | Boothbay Harbor | $296k |
| Decatur Makers Inc | Decatur | $296k |