Actors Conservatory Theatre

Analysis

Actors Conservatory Theatre is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in November 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Actors Conservatory Theatre reported income of $436k and spending of $421k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $436k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Actors Conservatory Theatre sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Siletz Tribal Arts and Heritage Society ($436k), Light Work Visual Studies Inc ($436k) and Chamberfest Cleveland ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $114k (27% of expenses). At year end it held assets of $258k against liabilities of $145k, net assets of $112k.