Young Actors Theatre Inc

Analysis

Young Actors Theatre Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Young Actors Theatre Inc reported income of $693k and spending of $542k, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $525k to $693k (+32%), an average of +7.2% a year. The sharpest change came in the year to August 2023, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Young Actors Theatre Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Wichita Falls Bicycling Club Inc ($693k), New York Gotham Youth Baseball Inc ($693k) and Jackson Futbol Club Inc ($693k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $99k (18% of expenses). Other salaries and wages came to $222k. At year end it held assets of $284k against liabilities of $36k, net assets of $249k. It reported 10 employees.