Clark Youth Theatre Incorporated

Analysis

Clark Youth Theatre Incorporated is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2015, 11 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, Clark Youth Theatre Incorporated reported income of $254k and spending of $288k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $294k to $254k (-13%), an average of -13% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clark Youth Theatre Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include 3 Dots Downtown ($254k), Institute for the Development of Education in the Arts ($254k) and Marat Daukayev Ballet Theatre Inc ($254k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $104k (36% of expenses). Other salaries and wages came to $13k. At year end it held assets of $11k against liabilities of $0, net assets of $11k. It reported 8 employees.