Spokane Childrens Theatre Inc

Analysis

Spokane Childrens Theatre Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 1975, 51 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, Spokane Childrens Theatre Inc reported income of $272k and spending of $262k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $344k to $272k (-21%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. 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, Spokane Childrens Theatre Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Missouri Appleseed ($272k), School of American Music ($272k) and Fundacion Por LA Arquitectura Inc ($272k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $62k (24% of expenses). Other salaries and wages came to $17k. At year end it held assets of $140k against liabilities of $5,334, net assets of $135k.