Suncoast Young Peoples Theatre Inc

Analysis

Suncoast Young Peoples Theatre Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in October 1981, 45 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 June 2024, Suncoast Young Peoples Theatre Inc reported income of $503k and spending of $395k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $201k to $503k (+151%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 217%. 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, Suncoast Young Peoples Theatre Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Pasadena Art Alliance ($503k), Film Noir Foundation ($503k) and Lafayette Symphony Incorporated ($503k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $64k. At year end it held assets of $349k against liabilities of $33k, net assets of $316k. It reported 20 employees.