Christian Theater Arts Project

Analysis

Christian Theater Arts Project is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in February 2014, 12 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 July 2023, Christian Theater Arts Project reported income of $432k and spending of $422k, spending 98% of its income. Across the 4 years on record, from July 2019 to July 2023, income grew from $371k to $432k (+16%), an average of +5.2% a year. The sharpest change came in the year to July 2023, when income rose by 49%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christian Theater Arts Project sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include San Angelo Braodway Academy Youth Theatre ($432k), Beaux Arts of the Lowe Art Museum of the University of Miami Inc ($432k) and Downtown Austin Parks LLC ($432k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $56k (13% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.