Youth Theater Northwest

Analysis

Youth Theater Northwest is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in October 1984, 42 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 Theater Northwest reported income of $591k and spending of $759k, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $704k to $591k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 105% 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 Theater Northwest sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Music of Remembrance ($591k), Cyt San Diego ($591k) and Piast Institute ($591k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 61% of the total. Other salaries and wages came to $394k. At year end it held assets of $87k against liabilities of $96k, net assets of -$8,724.