Rising Youth Theatre

Analysis

Rising Youth Theatre is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rising Youth Theatre reported income of $420k and spending of $408k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $276k to $420k (+52%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rising Youth Theatre sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Cyranos Theatre Company ($420k), Momentum Foundation Inc ($420k) and Old Bristol Historical Society ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $115k (28% of expenses). Other salaries and wages came to $176k. At year end it held assets of $161k against liabilities of $14k, net assets of $148k. It reported 11 employees.