Musical Theatre Academy of Orange County

Analysis

Musical Theatre Academy of Orange County is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2024, Musical Theatre Academy of Orange County reported income of $425k and spending of $440k, spending 104% of its income. Across the 6 years on record, from August 2019 to August 2024, income fell from $448k to $425k (-5.3%), an average of -1.1% a year. The sharpest change came in the year to August 2022, when income rose by 74%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Musical Theatre Academy of Orange County sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Tongue River Childs Place ($425k), Ladylike Foundation ($425k) and Chosen for Life Ministries Inc ($425k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 23% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $102k (23% of expenses). At year end it held assets of $35k against liabilities of $57k, net assets of -$22k. It reported 2 employees.