Heights Youth Theatre

Analysis

Heights Youth Theatre is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 1997, 29 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 June 2023, Heights Youth Theatre reported income of $153k and spending of $173k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $118k to $153k (+30%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heights Youth Theatre sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Shepherds Horn Inc ($153k), Garret Club Historic Preservation Foundation Inc ($153k) and Coggeshall Farm Museum Inc ($153k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $3,311 against liabilities of $34k, net assets of -$30k.