Northwest Childrens Theater and School Inc

Analysis

Northwest Childrens Theater and School Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1993, 33 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 August 2023, Northwest Childrens Theater and School Inc reported income of $3.0m and spending of $2.6m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.5m to $3.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to August 2022, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Childrens Theater and School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Bainbridge Island Museum of Art ($3.0m), Irish Festivals Inc ($3.0m) and Metropolitan School of the Arts ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $80k (3.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $7.6m against liabilities of $5.0m, net assets of $2.6m. It reported 111 employees.