Talespinner Childrens Theatre Inc

Analysis

Talespinner Childrens Theatre Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 2012, 14 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 December 2023, Talespinner Childrens Theatre Inc reported income of $254k and spending of $270k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $141k to $254k (+79%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Talespinner Childrens Theatre Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Museum of the San Ramon Valley ($254k), Society for Freshwater Science ($254k) and Imperial Calcasieu Museum Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $160k. At year end it held assets of $17k against liabilities of $25k, net assets of -$8,195.