Theatrical Arts International Foundation

Analysis

Theatrical Arts International Foundation is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in July 2002, 24 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, Theatrical Arts International Foundation reported income of $1.8m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $910k to $1.8m (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 178%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatrical Arts International Foundation sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Massachusetts International Festival of the Arts Inc ($1.8m), Center for Urban Renewal and Education ($1.8m) and Community Theater Project Corporation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Other salaries and wages came to $377k. At year end it held assets of $279k against liabilities of $220k, net assets of $59k. It reported 25 employees.