Children Theater Project

Analysis

Children Theater Project is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in March 2004, 22 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, Children Theater Project reported income of $61k and spending of $43k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $61k (+419%), an average of +419% a year. The sharpest change came in the year to December 2023, when income rose by 419%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Children Theater Project sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Illinois Aviation Museum at Bolingbrook ($61k), Kamanawa Foundation ($61k) and Gainesville Chess Club Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.