Moorestown Theater Company Inc

Analysis

Moorestown Theater Company Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in August 2024, 2 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, Moorestown Theater Company Inc reported income of $811k and spending of $749k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $565k to $811k (+44%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Moorestown Theater Company Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Pinball Edu ($811k), Raymond M Alf Museum of Paleontology ($811k) and Historic Pullman Foundation Inc ($811k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $118k (16% of expenses). Other salaries and wages came to $120k. At year end it held assets of $86k against liabilities of $250k, net assets of -$164k. It reported 8 employees.