Carrousel Players of the Coeur D Alene Summer Theatre Inc

Analysis

Carrousel Players of the Coeur D Alene Summer Theatre Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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, Carrousel Players of the Coeur D Alene Summer Theatre Inc reported income of $911k and spending of $1.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $474k to $911k (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 1401%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carrousel Players of the Coeur D Alene Summer Theatre Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within ID. Charities of a similar size with the same main cause include World Allergy Organization Inc ($911k), Mississippi Nurses Foundation Inc ($911k) and Action on Smoking & Health ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $89k (8.8% of expenses). Other salaries and wages came to $172k. At year end it held assets of $224k against liabilities of $367k, net assets of -$143k. It reported 27 employees.