Childrens Theatre Workshop of Toledo

Analysis

Childrens Theatre Workshop of Toledo is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 1963, 63 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Childrens Theatre Workshop of Toledo reported income of $410k and spending of $449k, spending 110% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income grew from $243k to $410k (+68%), an average of +30% a year. The sharpest change came in the year to August 2022, when income rose by 74%. 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, Childrens Theatre Workshop of Toledo sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Channel 17 Inc ($410k), Adventure Childrens Museum ($410k) and Leverage Research ($409k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 51% of the total. Other salaries and wages came to $194k. At year end it held assets of $147k against liabilities of $106k, net assets of $41k. It reported 31 employees.