North Shore Childrens Theatre

Analysis

North Shore Childrens Theatre is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, North Shore Childrens Theatre reported income of $323k and spending of $302k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $323k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Shore Childrens Theatre sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Ralston White Retreat Foundation ($323k), Master Musicians Festival Inc ($323k) and Clackamas Heritage Partners ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Other salaries and wages came to $173k. At year end it held assets of $96k against liabilities of $0, net assets of $96k.