Kids Theatre Company

Analysis

Kids Theatre Company is a registered charity in United States, based in Glendale, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kids Theatre Company reported income of $539k and spending of $561k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $539k (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kids Theatre Company sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include The Connecticut High School Coaches Association Incorporated ($539k), Allens Lane Art Center Association ($539k) and Acts on Stage Inc ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (3.6% of expenses). At year end it held assets of $16k against liabilities of $0, net assets of $16k.