Bay Area Educational Theater Company

Analysis

Bay Area Educational Theater Company is a registered charity in United States, based in San Carlos, CA. It received its IRS tax-exemption ruling in July 2019, 7 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bay Area Educational Theater Company reported income of $219k and spending of $286k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $318k to $219k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Area Educational Theater Company sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include New Jersey Foundation for Dance and Theatre Arts ($219k), Public Assistants Inc ($219k) and Saab Heritage Museum Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Other salaries and wages came to $62k. At year end it held assets of $76k against liabilities of $102k, net assets of -$27k. It reported 10 employees.