Roanoke Childrens Theatre Inc

Analysis

Roanoke Childrens Theatre Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in January 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 August 2023, Roanoke Childrens Theatre Inc reported income of $476k and spending of $637k, spending 134% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $446k to $476k (+6.7%), an average of +2.2% a year. The sharpest change came in the year to August 2021, when income rose by 28%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roanoke Childrens Theatre Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include California Ocean Alliance ($476k), Korean Perfoming Arts Institute of Chicago ($476k) and Nevada School of the Arts ($476k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $48k (7.5% of expenses). Other salaries and wages came to $138k. At year end it held assets of $99k against liabilities of $29k, net assets of $70k. It reported 11 employees.