Fort Wayne Youtheatre Incorporated

Analysis

Fort Wayne Youtheatre Incorporated is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in October 1985, 41 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 2024, Fort Wayne Youtheatre Incorporated reported income of $271k and spending of $369k, spending 136% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $299k to $271k (-9.3%), an average of -1.9% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Wayne Youtheatre Incorporated sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Leelanau Historical Society ($271k), Indiana Medical History Museum Inc ($271k) and Annandale Art and Textile Center ($271k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $151k. It paid $5,759 in professional fundraising fees. At year end it held assets of $832k against liabilities of $419k, net assets of $413k. It reported 7 employees.