Interact Theatre Company

Analysis

Interact Theatre Company is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in July 1992, 34 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 April 2023, Interact Theatre Company reported income of $51k and spending of $25k, leaving 51% of income unspent that year. Across the 2 years on record, from April 2022 to April 2023, income grew from $30k to $51k (+71%), an average of +71% a year. The sharpest change came in the year to April 2023, when income rose by 71%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Interact Theatre Company sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Core Sound Decoy Carvers Guild ($51k), Denton Festival Foundation Inc ($51k) and Actors Attic ($51k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.