Childrens Theatre of Annapolis Inc

Analysis

Childrens Theatre of Annapolis Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in February 1969, 57 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, Childrens Theatre of Annapolis Inc reported income of $505k and spending of $576k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $373k to $505k (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Theatre of Annapolis Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Lubbock Community Theatre Inc ($505k), Oil Lamp Theater NFP ($505k) and International Association for Dance Medicine and Science Inc ($505k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $46k (8.0% of expenses). At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 4 employees.