Youth Inspirations Theatre Inc

Analysis

Youth Inspirations Theatre Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in November 2023, 3 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, Youth Inspirations Theatre Inc reported income of $251k and spending of $246k, spending 98% of its income. Across the 6 years on record, from June 2020 to June 2024, income grew from $609 to $251k (+41099%), an average of +233% a year. The sharpest change came in the year to December 2020, when income rose by 10128%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Inspirations Theatre Inc sits at the 65th 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 58th percentile within IN. Charities of a similar size with the same main cause include Saginaw Valley Naval Ship Museum Committee ($251k), Pride San Antonio Inc ($251k) and Oklahoma Bioscience Institute ($251k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $47k (19% of expenses). Other salaries and wages came to $28k. At year end it held assets of $53k against liabilities of $18k, net assets of $35k. It reported 4 employees.