Seattle Public Theater

Analysis

Seattle Public Theater is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 June 2023, Seattle Public Theater reported income of $541k and spending of $807k, spending 149% of what it took in. Across the 6 years on record, from June 2014 to June 2023, income grew from $536k to $541k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle Public Theater sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include United Hope Builders Inc ($541k), Sherman Park Community Association Inc ($541k) and St Vincent Depaul Diocesan Council ($541k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 58% of the total. Other salaries and wages came to $313k. At year end it held assets of $36k against liabilities of $1,970, net assets of $34k. It reported 24 employees.