Delaware Childrens Theatre Ltd

Analysis

Delaware Childrens Theatre Ltd is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1979, 47 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, Delaware Childrens Theatre Ltd reported income of $200k and spending of $231k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $260k to $200k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. 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, Delaware Childrens Theatre Ltd sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within DE. Charities of a similar size with the same main cause include Artsbridge Inc ($200k), Oklahoma Catholic Broadcasting Inc ($200k) and Greater Memphis United Chinese Association ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $30k (13% of expenses). Other salaries and wages came to $30k. At year end it held assets of $395k against liabilities of $30, net assets of $395k. It reported 4 employees.