Classical Theatre Company

Analysis

Classical Theatre Company is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2007, 19 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 June 2024, Classical Theatre Company reported income of $291k and spending of $263k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $202k to $291k (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Classical Theatre Company sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Chicago Dramatists ($291k), Danbury Railway Museum Inc ($291k) and Santa Monica Conservancy ($291k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $54k (21% of expenses). It paid $10k in professional fundraising fees. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 1 employees.