Mount Vernon Community Childrens Theatre

Analysis

Mount Vernon Community Childrens Theatre is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1982, 44 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 August 2024, Mount Vernon Community Childrens Theatre reported income of $228k and spending of $221k, spending 97% of its income. Across the 6 years on record, from August 2019 to August 2024, income fell from $258k to $228k (-12%), an average of -2.4% a year. The sharpest change came in the year to August 2020, when income dropped by 33%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Vernon Community Childrens Theatre sits at the 63rd 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 56th percentile within VA. Charities of a similar size with the same main cause include Art Council of Southwest Florida Inc ($228k), Academy of Music for the Blind ($228k) and Portland Chamber Music Festival ($228k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. Other salaries and wages came to $94k. At year end it held assets of $83k against liabilities of $3,722, net assets of $79k. It reported 22 employees.