Music Theatre Kansas City Inc

Analysis

Music Theatre Kansas City Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in December 1999, 27 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 September 2023, Music Theatre Kansas City Inc reported income of $219k and spending of $217k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $172k to $219k (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Theatre Kansas City Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KS. Charities of a similar size with the same main cause include Suffolk Art League ($219k), Spring Hill Historic Home Inc ($219k) and Flint Community Players Inc ($219k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 73% of the total. At year end it held assets of $709k against liabilities of $0, net assets of $709k.