Barn Theatre School for Advanced Theatre Training

Analysis

Barn Theatre School for Advanced Theatre Training is a registered charity in United States, based in Augusta, MI. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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 December 2023, Barn Theatre School for Advanced Theatre Training reported income of $1.4m and spending of $1.7m, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.4m (+16%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 263%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barn Theatre School for Advanced Theatre Training sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include East End United Community Center ($1.4m), Interfaith Conference of Metropolitan Washington Inc ($1.4m) and Careers Support Solutions Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $171k (10% of expenses). Other salaries and wages came to $476k. At year end it held assets of $530k against liabilities of $255k, net assets of $275k. It reported 57 employees.