Columbia Childrens Theatre

Analysis

Columbia Childrens Theatre is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in December 2006, 20 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 August 2023, Columbia Childrens Theatre reported income of $614k and spending of $643k, spending 105% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $408k to $614k (+51%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Childrens Theatre sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Bus Barn Stage Company a California Non Profit Public Benefit Corp ($614k), Riverside Theatre Works Inc ($614k) and CM Dance ($613k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 25% and program service revenue 57% of the total. Other salaries and wages came to $280k. At year end it held assets of $50k against liabilities of $15k, net assets of $35k. It reported 10 employees.