Oklahoma Childrens Theatre Inc

Analysis

Oklahoma Childrens Theatre Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 September 2023, Oklahoma Childrens Theatre Inc reported income of $926k and spending of $854k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $707k to $926k (+31%), an average of +7.0% a year. The sharpest change came in the year to September 2022, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Childrens Theatre Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include Lake Oswego Swim Club ($926k), Geneva Point Center Inc ($927k) and Springfield Business Development Corporation ($926k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $94k (11% of expenses). Other salaries and wages came to $212k. At year end it held assets of $1.3m against liabilities of $764k, net assets of $548k. It reported 9 employees.