Childrens Theatre of Elgin

Analysis

Childrens Theatre of Elgin is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in May 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childrens Theatre of Elgin reported income of $348k and spending of $377k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $348k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 99% 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 of Elgin sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Offcenter Community Arts Project ($348k), Annual Wild Game Feed ($348k) and Katy Artreach ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $52k (14% of expenses). At year end it held assets of $212k against liabilities of $0, net assets of $212k. It reported 1 employees.