Syracuse Children Theatre Inc

Analysis

Syracuse Children Theatre Inc is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in August 2000, 26 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, Syracuse Children Theatre Inc reported income of $833k and spending of $806k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $693k to $833k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Syracuse Children Theatre Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include NSB Inc ($833k), Fargo Air Museum ($833k) and Arabia Mountain Heritage Area Alliance ($833k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $101k (12% of expenses). Other salaries and wages came to $314k. At year end it held assets of $747k against liabilities of $90k, net assets of $657k. It reported 31 employees.