Triangle Productions

Analysis

Triangle Productions is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1995, 31 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, Triangle Productions reported income of $429k and spending of $629k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $475k to $429k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Triangle Productions sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include Carpe Diem Arts Inc ($429k), Sanchez Art Center ($429k) and Glen Arbor Arts Center ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $31k (4.9% of expenses). At year end it held assets of $344k against liabilities of $0, net assets of $344k. It reported 42 employees.