Childrens Theater of Madison Inc

Analysis

Childrens Theater of Madison Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 August 2023, Childrens Theater of Madison Inc reported income of $2.3m and spending of $2.4m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $2.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2022, when income rose by 61%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Theater of Madison Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Interfaith Association of Northwest Washington ($2.3m), Catholic Health Care Services Supportive Independent Living ($2.3m) and I Am Able Center for Family Development ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $194k (8.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $788k against liabilities of $430k, net assets of $358k. It reported 121 employees.