Spotlight Youth Theatre
Analysis
Spotlight Youth Theatre is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in August 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Spotlight Youth Theatre reported income of $369k and spending of $390k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $285k to $369k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spotlight Youth Theatre sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Oregon Music Hall of Fame ($369k), The Untaxer ($369k) and Young Peoples Theater ($369k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $84k (21% of expenses). At year end it held assets of $112k against liabilities of $14k, net assets of $97k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 51%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oregon Music Hall of Fame | Portland | $369k |
| The Untaxer | Scottsdale | $369k |
| Young Peoples Theater | Ann Arbor | $369k |
| Third Angle New Music Ensemble | Portland | $369k |