Stone Soup Theater

Analysis

Stone Soup Theater is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2008, 18 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, Stone Soup Theater reported income of $198k and spending of $248k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $198k (+3.5%), an average of +3.5% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stone Soup Theater sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Long Island Conservatory of Music Inc ($198k), Gallery Night of Pensacola Inc ($198k) and Fort Totten Little Theatre Company ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. At year end it held assets of $10k against liabilities of $17k, net assets of -$6,598.