Tricycle Theater for Youth

Analysis

Tricycle Theater for Youth is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in February 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Tricycle Theater for Youth reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.3m to $1.3m (+5.9%), an average of +1.9% a year. The sharpest change came in the year to May 2023, when income rose by 105%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tricycle Theater for Youth sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Wolf Performing Arts Center Inc ($1.3m), Medal of Honor Foundation Inc ($1.3m) and Weathervane Community Playhouse Inc ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $72k (5.5% of expenses). Other salaries and wages came to $565k. At year end it held assets of $592k against liabilities of $227k, net assets of $364k. It reported 62 employees.