Musical Theatre of Anthem Inc

Analysis

Musical Theatre of Anthem Inc is a registered charity in United States, based in Anthem, AZ. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Musical Theatre of Anthem Inc reported income of $530k and spending of $589k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $530k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Musical Theatre of Anthem Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include San Ramon Valley High School Academic Boosters ($530k), Perry Initiative ($530k) and Just One International Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $150k (25% of expenses). At year end it held assets of $175k against liabilities of $50k, net assets of $125k. It reported 1 employees.