Storybook Musical Theatre Inc

Analysis

Storybook Musical Theatre Inc is a registered charity in United States, based in Abington, PA. It received its IRS tax-exemption ruling in February 1995, 31 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 2024, Storybook Musical Theatre Inc reported income of $107k and spending of $124k, spending 115% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income grew from $100k to $107k (+7.3%), an average of +7.3% a year. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Storybook Musical Theatre Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Nunnbetter Dance Theatre Inc ($107k), Queer Urban Orchestra ($107k) and Chesterton High School Music Boosters Association ($107k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 15% and program service revenue 68% of the total. At year end it held assets of $35k against liabilities of $2,716, net assets of $32k.