Peninsula Youth Theatre

Analysis

Peninsula Youth Theatre is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Peninsula Youth Theatre reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Youth Theatre sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Council of Independent Nebraska Colleges Foundation ($1.3m), American Pancreatic Association ($1.3m) and Alabama Appleseed Center for Law and Justice Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $94k (8.7% of expenses). Other salaries and wages came to $341k. At year end it held assets of $421k against liabilities of $430k, net assets of -$9,465. It reported 39 employees.