Cooperative Theatre for Children Inc

Analysis

Cooperative Theatre for Children Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in March 1981, 45 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 December 2023, Cooperative Theatre for Children Inc reported income of $185k and spending of $264k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $185k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 297%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cooperative Theatre for Children Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Texas Council for the Social Studies ($185k), Arte Institute Inc ($185k) and National Association of Marine Laboratories Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $124k against liabilities of $145k, net assets of -$21k.