Lexington Childrens Theatre Inc

Analysis

Lexington Childrens Theatre Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 1978, 48 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 June 2023, Lexington Childrens Theatre Inc reported income of $1.4m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lexington Childrens Theatre Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Arizona Academy of the Performing Arts Inc ($1.4m), Kidstream ($1.4m) and Art Start Incorporated ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. Other salaries and wages came to $723k. At year end it held assets of $2.6m against liabilities of $547k, net assets of $2.1m. It reported 19 employees.