Stage One the Louisville Childrens Theatre Inc

Analysis

Stage One the Louisville Childrens Theatre Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 1952, 74 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 May 2023, Stage One the Louisville Childrens Theatre Inc reported income of $1.3m and spending of $1.5m, spending 117% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.7m to $1.3m (-25%), an average of -7.0% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stage One the Louisville Childrens Theatre Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Charlotte Street Foundation ($1.3m), Mission San Juan Capistrano Foundation ($1.3m) and Philadelphia Orchestra Association Trust -Endowment Fund- ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $123k (8.4% of expenses). Other salaries and wages came to $526k. It paid $18k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $662k, net assets of $584k. It reported 81 employees.