Saratoga Childrens Theatre Inc
Analysis
Saratoga Childrens Theatre Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2023, Saratoga Childrens Theatre Inc reported income of $248k and spending of $266k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $248k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 101% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saratoga Childrens Theatre Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Hurry Back Productions Inc ($248k), Torch Literary Arts ($248k) and Colorado Youth Symphony Orchestra Association ($248k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $7,150 (2.7% of expenses). Other salaries and wages came to $113k. At year end it held assets of $66k against liabilities of $13k, net assets of $53k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 77%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hurry Back Productions Inc | Winona | $248k |
| Torch Literary Arts | Round Rock | $248k |
| Colorado Youth Symphony Orchestra Association | Denver | $248k |
| Colorado Afro Latin Dance and Arts Collective | Aurora | $248k |