Mooresville Community Childrens Theatre

Analysis

Mooresville Community Childrens Theatre is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in August 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, Mooresville Community Childrens Theatre reported income of $65k and spending of $64k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $42k to $65k (+55%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mooresville Community Childrens Theatre sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Circles for Jewish Living Inc ($65k), Huntsville-Madison County Athletic Hall of Fame Inc ($65k) and Phoenix Challenge Foundation Inc ($65k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 4.1% of the total. At year end it held assets of $6,308 against liabilities of $0, net assets of $6,308.