Echo Theater Company

Analysis

Echo Theater Company is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 1977, 49 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 August 2023, Echo Theater Company reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $506k to $1.4m (+176%), an average of +29% a year. The sharpest change came in the year to August 2023, when income rose by 91%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Echo Theater Company sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Odyssey Dance Theatre ($1.4m), Watershed Center for the Ceramic Arts Incorporated ($1.4m) and League of New Hampshire Craftsmen Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $128k (11% of expenses). Other salaries and wages came to $533k. At year end it held assets of $393k against liabilities of $37k, net assets of $356k. It reported 63 employees.