South Carolina Childrens Theatre

Analysis

South Carolina Childrens Theatre is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1988, 38 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 2023, South Carolina Childrens Theatre reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.3m to $1.6m (-62%), an average of -22% a year. The sharpest change came in the year to August 2022, when income rose by 62%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Carolina Childrens Theatre sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Country Dance & Song Society Inc ($1.6m), Burmese American Initiative Inc ($1.6m) and American Composers Forum ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 44% of the total. Other salaries and wages came to $726k. At year end it held assets of $15.0m against liabilities of $1.4m, net assets of $13.7m. It reported 19 employees.