National Association of Schools of Theater Inc

Analysis

National Association of Schools of Theater Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 1981, 45 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 2024, National Association of Schools of Theater Inc reported income of $356k and spending of $349k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $292k to $356k (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Association of Schools of Theater Inc 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 64th percentile within VA. Charities of a similar size with the same main cause include Fremont Area Art Assn Inc ($356k), Rorschach Theatre ($356k) and Manitou Art Theatre ($356k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 14% of the total. At year end it held assets of $449k against liabilities of $0, net assets of $449k.