Fantasy Playhouse Childrens Theater

Analysis

Fantasy Playhouse Childrens Theater is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in March 1975, 51 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 July 2023, Fantasy Playhouse Childrens Theater reported income of $1.7m and spending of $880k, leaving 47% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $843k to $1.7m (+96%), an average of +25% a year. The sharpest change came in the year to July 2023, when income rose by 43%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fantasy Playhouse Childrens Theater sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Boston Music Project Inc ($1.7m), LJMN Media Inc ($1.7m) and Native American Community Development Institute ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $62k (7.0% of expenses). Other salaries and wages came to $324k. At year end it held assets of $3.5m against liabilities of $226k, net assets of $3.3m. It reported 14 employees.