Profile Theatre Project

Analysis

Profile Theatre Project is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1997, 29 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 June 2023, Profile Theatre Project reported income of $862k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $609k to $862k (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Profile Theatre Project sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Frigid New York Inc ($862k), Rochester Civic Theatre Inc ($862k) and Mason County Historical Society Inc ($861k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $79k (7.8% of expenses). Other salaries and wages came to $378k. At year end it held assets of $233k against liabilities of $70k, net assets of $163k. It reported 70 employees.