Childrens Theatre Company

Analysis

Childrens Theatre Company is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2001, 25 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 June 2023, Childrens Theatre Company reported income of $356k and spending of $470k, spending 132% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $410k to $356k (-13%), an average of -4.6% a year. The sharpest change came in the year to June 2020, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Theatre Company sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Black Pearl Chamber Orchestra Inc ($356k), Dallas Architecture Forum ($356k) and Horton Plaza Theatres Foundation ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $2,402. At year end it held assets of $14k against liabilities of $0, net assets of $14k.