Musical Youth Artist Repertory Theatre

Analysis

Musical Youth Artist Repertory Theatre is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 1992, 34 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, Musical Youth Artist Repertory Theatre reported income of $333k and spending of $284k, spending 85% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $209k to $333k (+59%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Musical Youth Artist Repertory 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 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Building Bridges Art Foundation ($333k), Ward Melville Heritage Organization Ltd ($333k) and Historical Society of Early American Decoration Inc ($333k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $77k (27% of expenses). Other salaries and wages came to $43k. At year end it held assets of $41k against liabilities of $154k, net assets of -$113k. It reported 20 employees.