Municipal Theatre Association of St Louis

Analysis

Municipal Theatre Association of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1939, 87 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 September 2023, Municipal Theatre Association of St Louis reported income of $27.8m and spending of $28.6m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $25.9m to $27.8m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to September 2021, when income rose by 72%. 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, Municipal Theatre Association of St Louis sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Iit Research Institute ($27.8m), The Fred Rogers Company ($28.0m) and Dallas Museum of Art ($27.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $913k (3.2% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $117.0m against liabilities of $17.4m, net assets of $99.6m. It reported 995 employees.