Superior Arts Youth Theater

Analysis

Superior Arts Youth Theater is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in July 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 December 2023, Superior Arts Youth Theater reported income of $130k and spending of $185k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $130k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Superior Arts Youth Theater sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Souls Harbor Inc Main RD ($130k), Fulton Music Society Inc NFP ($130k) and Instituto de Cultura Y Arte in Xochitl in Cuicatl ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $231k against liabilities of $2,927, net assets of $228k.