Young Stars Theatre

Analysis

Young Stars Theatre is a registered charity in United States, based in S Pasadena, CA. It received its IRS tax-exemption ruling in November 2023, 3 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 December 2023, Young Stars Theatre reported income of $396k and spending of $339k, spending 86% of its income. Across the 6 years on record, from December 2016 to December 2023, income grew from $99k to $396k (+301%), an average of +32% a year. The sharpest change came in the year to December 2019, when income rose by 123%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Young Stars Theatre sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Hubbard Hall Projects Inc ($396k), Rocklin Community Theatre ($396k) and Ben Franklin Technology Partners Corporation ($396k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $80k against liabilities of $5,203, net assets of $75k.