Process Theatre

Analysis

Process Theatre is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 1982, 44 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, Process Theatre reported income of $118k and spending of $137k, spending 116% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $196k to $118k (-40%), an average of -40% a year. The sharpest change came in the year to August 2023, when income dropped by 40%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Process Theatre sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Tetra String Quartet ($118k), Texas Educational Theatre Association Inc ($118k) and Anthony Bean Community Theater and Acting School ($118k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 41% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.