Yellow Tree Theatre

Analysis

Yellow Tree Theatre is a registered charity in United States, based in Osseo, MN. It received its IRS tax-exemption ruling in November 2022, 4 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 July 2023, Yellow Tree Theatre reported income of $452k and spending of $631k, spending 139% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $725k to $452k (-38%), an average of -38% a year. The sharpest change came in the year to July 2023, when income dropped by 38%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yellow Tree Theatre sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Western North Carolina Air Museum Inc ($452k), Des Moines Wine Festival Foundation ($452k) and Glass Art Society Inc ($452k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $82k (13% of expenses). Other salaries and wages came to $206k. It paid $10k in professional fundraising fees. At year end it held assets of $91k against liabilities of $87k, net assets of $3,915. It reported 54 employees.