Tomorrow Youth Repertory

Analysis

Tomorrow Youth Repertory is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2013, 13 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 August 2023, Tomorrow Youth Repertory reported income of $446k and spending of $363k, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $366k to $446k (+22%), an average of +5.1% a year. The sharpest change came in the year to August 2022, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tomorrow Youth Repertory 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 Dances for a Variable Population Inc ($446k), Southwest Historical Foundation ($446k) and Take-Up Productions ($445k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $88k (24% of expenses). Other salaries and wages came to $160k. At year end it held assets of $325k against liabilities of $0, net assets of $325k. It reported 19 employees.