National Youth Theater
Analysis
National Youth Theater is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in May 2018, 8 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 December 2023, National Youth Theater reported income of $762k and spending of $746k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $762k (+141%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 92% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Youth Theater sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include National Association of Theatre Owners Cinema Foundation Inc ($762k), The Art Base ($763k) and Austin Chamber Music Center ($762k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $16k (2.1% of expenses). Other salaries and wages came to $59k. At year end it held assets of $288k against liabilities of $1,138, net assets of $287k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.2%
- Program services 76%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Association of Theatre Owners Cinema Foundation Inc | Washington | $762k |
| The Art Base | Basalt | $763k |
| Austin Chamber Music Center | Austin | $762k |
| Friends of the Felt Estate | Holland | $763k |