Knoxville Childrens Theatre Inc

Analysis

Knoxville Childrens Theatre Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 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 December 2023, Knoxville Childrens Theatre Inc reported income of $529k and spending of $455k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $529k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Knoxville Childrens Theatre Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Houston Swing Dance Society ($529k), Bastrop Opera House Inc ($529k) and Delaware Dance Cmpany ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $206k. At year end it held assets of $357k against liabilities of $19k, net assets of $338k. It reported 5 employees.