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Threshold Repertory Theatre

EIN 27-3734529 · Charleston, SC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair51 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

Threshold repertory theatre exists to inspire and excite the public through the shared experience of bold and visionary presentations of classic and contemporary theater and to provide that experience at an affordable cost, so that the whole of the community can share in the richness of the theatrical experience. We hope to enrich the lives of our fellow citizens by offering creative and challenging productions, featuring the work of the talented performers and artists, who have chosen to make Charleston their home and by providing participatory theater related education programs and experiences. Threshold repertory theatre seeks to pay their artist and designers a living wage. It supports an artistic lifestyle. We seek to identify and encourage existing and new talent, especially local performers and play rides through programs designed to introduce, develop, and champion in their works. Through a commitment to excellence, innovation, and experimentation and affordable cost, we hope.

Income
$87,501
Spending
$86,134
Reserves
0.2 months of spending
Largest source of income
donations and private grants, 93%

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 51 out of 100. Higher than 21% of charities in its peer group (arts and culture, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $2,810 spent. Performance of "Cognac & Roses: A Toast to Edgar Allen Poe" A play that celebrates the life and works of Edgar Allen Poe presenting the various characters and stories set on a stage in a kaleidoscope format. It was the theatre's offering during the annual Piccolo Spoleto Festival serving the local festival.
  2. $4,708 spent. Production if "Journey's End" A play chronicling the soldiers of a British regiment stationed in the trenches of Saint-Quentin, France towards the end of World War 1. It studies the various characters and their struggles, including alcoholism, rank struggles, and the dilemma of desertion vs. taking entitled leave. We hosted a class of students from a College of Charleston history class as well as told the story to the public about the horrors of war.
  3. $950 spent. Production of "A Yank in Scotland" A play written about an American visiting his ancestral home in Scotland as he chronicles his boyhood memories from across the pond that weave along with family history that highlight all things Scottish but that reveal themselves as shared human experiences with the audience.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2024 for not filing returns for three years, and reinstated on May 15, 2024.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.