Music Theatre of Idaho Inc

Analysis

Music Theatre of Idaho Inc is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in May 1998, 28 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, Music Theatre of Idaho Inc reported income of $857k and spending of $640k, leaving 25% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income grew from $226k to $857k (+279%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Theatre of Idaho Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within ID. Charities of a similar size with the same main cause include Wegner Arboretum Society ($857k), Society for Personality Assessment Foundation ($857k) and Grand Boulevard Town Center Arts and Entertainment Association Inc ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $105k. At year end it held assets of $340k against liabilities of $0, net assets of $340k. It reported 6 employees.