Nashville Academy Theatre and Nashville Childrens Theater Ass

Analysis

Nashville Academy Theatre and Nashville Childrens Theater Ass is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nashville Academy Theatre and Nashville Childrens Theater Ass reported income of $2.3m and spending of $2.7m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nashville Academy Theatre and Nashville Childrens Theater Ass sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include San Francisco Girls Chorus Inc ($2.3m), Taiwan Center Foundation of Greater Los Angeles ($2.3m) and Radio Kingston Corp ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $88k (3.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.6m against liabilities of $468k, net assets of $3.1m. It reported 200 employees.