Alaska Theatre of Youth

Analysis

Alaska Theatre of Youth is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Alaska Theatre of Youth reported income of $317k and spending of $279k, spending 88% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $108k to $317k (+193%), an average of +31% a year. The sharpest change came in the year to August 2023, when income rose by 130%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alaska Theatre of Youth sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within AK. Charities of a similar size with the same main cause include American Composers Alliance ($317k), Boise Little Theater ($317k) and Esselen Tribe of Monterey County ($317k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $20k (7.3% of expenses). Other salaries and wages came to $114k. At year end it held assets of $51k against liabilities of $3,988, net assets of $47k. It reported 6 employees.