Standing Ovation Theatre Academy Inc

Analysis

Standing Ovation Theatre Academy Inc is a registered charity in United States, based in Round LK BCH, IL. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Standing Ovation Theatre Academy Inc reported income of $51k and spending of $47k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $51k (+5.0%), an average of +5.0% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Standing Ovation Theatre Academy Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Art to Change the World ($51k), Summer Musical Enterprise ($51k) and Ivy Chamber Strings ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.