Theater for Young Audiences Inc

Analysis

Theater for Young Audiences Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in September 1996, 30 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 June 2023, Theater for Young Audiences Inc reported income of $199k and spending of $177k, spending 89% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $316k to $199k (-37%), an average of -21% a year. The sharpest change came in the year to June 2023, when income rose by 185%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theater for Young Audiences Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within WI. Charities of a similar size with the same main cause include Virgin Valley Artists Association ($199k), Oklahoma City Art Museum Affiliated Fund of the Okla City Comm Foundat ($199k) and Architectural Foundation of Cincinnati Incorporated ($199k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 40% of the total. Other salaries and wages came to $36k. At year end it held assets of $279k against liabilities of $9,579, net assets of $270k. It reported 1 employees.