Academy of Childrens Theatre

Analysis

Academy of Childrens Theatre is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in September 1996, 30 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 2024, Academy of Childrens Theatre reported income of $584k and spending of $549k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $365k to $584k (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Childrens Theatre 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 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Tinkermill ($584k), Marquette County Historical Society Inc ($584k) and Neville Public Museum Foundation Inc ($583k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $215k. At year end it held assets of $1.7m against liabilities of $561k, net assets of $1.2m. It reported 22 employees.