Newington Childrens Theatre Company

Analysis

Newington Childrens Theatre Company is a registered charity in United States, based in Newington, CT. It received its IRS tax-exemption ruling in May 2003, 23 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 June 2023, Newington Childrens Theatre Company reported income of $387k and spending of $260k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $166k to $387k (+133%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Newington Childrens Theatre Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Henri Nouwen Society ($387k), Aitysh USA ($387k) and Del Sol Performing Arts Organization ($387k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $79k (30% of expenses). At year end it held assets of $387k against liabilities of $260k, net assets of $127k.