Young Actors Theatre of Tallahassee Inc

Analysis

Young Actors Theatre of Tallahassee Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Young Actors Theatre of Tallahassee Inc reported income of $948k and spending of $1.0m, spending 109% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $788k to $948k (+20%), an average of +4.7% a year. The sharpest change came in the year to July 2022, when income rose by 44%. 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, Young Actors Theatre of Tallahassee Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Whitewater Valley Railroad Assoc Inc ($948k), Florence Scott Libbey Trust ($948k) and T Schreiber Studio Inc ($948k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $90k (8.7% of expenses). Other salaries and wages came to $371k. At year end it held assets of $583k against liabilities of $15k, net assets of $568k. It reported 28 employees.