Professional Theatre and Dance Youth Academy

Analysis

Professional Theatre and Dance Youth Academy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2012, 14 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 June 2024, Professional Theatre and Dance Youth Academy reported income of $105k and spending of $119k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $93k to $105k (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 245%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Professional Theatre and Dance Youth Academy sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include New Jersey Civic Youth Ballet Inc ($105k), Valley Fest Inc ($105k) and Indiana Fiddlers Gathering Inc ($105k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. At year end it held assets of $12k against liabilities of $23k, net assets of -$11k.