Cincinnati Music Theatre

Analysis

Cincinnati Music Theatre is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in January 1966, 60 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 July 2023, Cincinnati Music Theatre reported income of $130k and spending of $141k, spending 109% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $144k to $130k (-9.9%), an average of -9.9% a year. 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, Cincinnati Music Theatre sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Haddam Civic League LLC ($130k), Gothenburg Community Playhouse Association ($130k) and The Stage Door ($130k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 2.8% and program service revenue 94% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.