Tuscaloosa Childrens Theatre Inc

Analysis

Tuscaloosa Childrens Theatre Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in March 1994, 32 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, Tuscaloosa Childrens Theatre Inc reported income of $336k and spending of $253k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $190k to $336k (+76%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 80%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tuscaloosa Childrens Theatre Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Bardstown Historic Development Corporation ($336k), Avenue 50 Studio Inc ($336k) and 7th Street Theatre Association ($336k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Other salaries and wages came to $32k. At year end it held assets of $372k against liabilities of $904, net assets of $371k. It reported 4 employees.