El Dorado Musical Theatre

Analysis

El Dorado Musical Theatre is a registered charity in United States, based in El Dorado Hills, CA. It received its IRS tax-exemption ruling in June 2002, 24 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 2024, El Dorado Musical Theatre reported income of $1.4m and spending of $1.6m, spending 114% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.2m to $1.4m (+14%), an average of +2.6% a year. The sharpest change came in the year to July 2023, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, El Dorado Musical Theatre sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Roberson Museum and Science Center ($1.4m), Ballet Arkansas ($1.4m) and Epc Museum ($1.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $156k (9.8% of expenses). Other salaries and wages came to $244k. At year end it held assets of $515k against liabilities of $100k, net assets of $415k. It reported 18 employees.