Roseville Theater Arts Academy
Analysis
Roseville Theater Arts Academy is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in June 2011, 15 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, Roseville Theater Arts Academy reported income of $794k and spending of $753k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $794k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 85% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roseville Theater Arts Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Dakota Media Access Inc ($794k), Studio School of Music ($794k) and Daughters of Hawaii ($794k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $144k (19% of expenses). Other salaries and wages came to $154k. At year end it held assets of $823k against liabilities of $17k, net assets of $806k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 85%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dakota Media Access Inc | Bismarck | $794k |
| Studio School of Music | Richardson | $794k |
| Daughters of Hawaii | Honolulu | $794k |
| Metropolitan Club Preservation Foundation | Washington | $794k |