Kansas City Chapter of Young Audiences Inc

Analysis

Kansas City Chapter of Young Audiences Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1964, 62 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 July 2023, Kansas City Chapter of Young Audiences Inc reported income of $1.4m and spending of $1.6m, spending 116% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.7m to $1.4m (-17%), an average of -4.5% a year. The sharpest change came in the year to July 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas City Chapter of Young Audiences Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Law and Society Association ($1.4m), League of New Hampshire Craftsmen Inc ($1.4m) and Rock to the Future ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $183k (11% of expenses). Other salaries and wages came to $413k. At year end it held assets of $5.4m against liabilities of $192k, net assets of $5.2m. It reported 26 employees.