Inspired Acting Company

Analysis

Inspired Acting Company is a registered charity in United States, based in Walled Lake, MI. It received its IRS tax-exemption ruling in March 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 December 2023, Inspired Acting Company reported income of $181k and spending of $151k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $181k (+214%), an average of +214% a year. The sharpest change came in the year to December 2023, when income rose by 214%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inspired Acting Company sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Area Community Theatre in Mitchell Incorporated ($181k), Moving History Inc ($181k) and New Studio for the Visual Arts of Jupiter Inc ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $67k against liabilities of $1,846, net assets of $66k.