The Thalians

Analysis

The Thalians is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in November 1957, 69 years ago. 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, The Thalians reported income of $224k and spending of $310k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $224k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Thalians sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Pioneer Settlement for the Creative Arts Inc ($224k), NVC Foundation ($224k) and Josiah Bartlett Center for Public Policy ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $2.4m against liabilities of $7,326, net assets of $2.4m.