Charity Search / THREE BONE THEATRE INC
Arts, Culture & Humanities (A65) 990 on File

THREE BONE THEATRE INC

EIN: 46-4220126 · CHARLOTTE, NC 28216-5545 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 50/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$332K
Total Revenue
$247K
Total Expenses
$371K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 65.5%
Fundraising Efficiency N/A
Operating Reserve 18.05x
Liability-to-Asset 5.0%
Revenue Diversification 78.2%
Executive Compensation $0
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
65.5% 81.9%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
34.2% 13.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.4% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
18.1 mo 9.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
5.0% 1.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
78.2% 77.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
34.5% 6.7%
P10P90
Expense growth
Year over year expense growth
41.7% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
25.8% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $332K $247K $371K 65.5% 2
2024 $247K $174K $251K 73.4% 1
2023 $188K $152K $187K 72.1%
2022 $112K $112K $155K 67.7%
2021 $149K $41K N/A 1
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Organization Details
EIN
46-4220126
State
NC
City
CHARLOTTE
ZIP
28216-5545
Classification
A65
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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