Dallas Childrens Theater Inc

Analysis

Dallas Childrens Theater Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1989, 37 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 August 2023, Dallas Childrens Theater Inc reported income of $4.0m and spending of $4.0m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.9m to $4.0m (-18%), an average of -4.9% a year. The sharpest change came in the year to August 2020, when income dropped by 23%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dallas Childrens Theater Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Washington Renaissance Arts & Education Society ($4.0m), Boca Raton Museum of Art Inc ($4.1m) and New Britain Museum of American Art Inc ($4.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $144k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $10.3m against liabilities of $350k, net assets of $9.9m. It reported 143 employees.