Urban Musical Theatre Inc

Analysis

Urban Musical Theatre Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, Urban Musical Theatre Inc reported income of $530k and spending of $459k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $159k to $530k (+234%), an average of +27% a year. The sharpest change came in the year to December 2019, when income rose by 63%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urban Musical Theatre Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Story Collider ($530k), Youth Ambassadors Inc ($530k) and Community Music School ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $56k (12% of expenses). At year end it held assets of $296k against liabilities of $33k, net assets of $263k.