Childrens Educational Theatre

Analysis

Childrens Educational Theatre is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in September 2006, 20 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, Childrens Educational Theatre reported income of $266k and spending of $297k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $266k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 308%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Educational Theatre sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OR. Charities of a similar size with the same main cause include Claflin Hill Music Performance Foundation Inc ($266k), Guerilla Opera Inc ($266k) and Ko-Thi Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $23k (7.6% of expenses). Other salaries and wages came to $134k. At year end it held assets of $181k against liabilities of $1,238, net assets of $180k. It reported 49 employees.