The Main Street Youth Theatre Inc

Analysis

The Main Street Youth Theatre Inc is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in August 1998, 28 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, The Main Street Youth Theatre Inc reported income of $88k and spending of $221k, spending 251% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $161k to $88k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 229%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Main Street Youth Theatre Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 39th percentile within SC. Charities of a similar size with the same main cause include Visioning Bear Circle Intertribal Coalition ($88k), Performing Arts of Lakota ($88k) and Tamil Sangam of Greater Washington Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.