Musical Theatre Works Inc

Analysis

Musical Theatre Works Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1999, 27 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, Musical Theatre Works Inc reported income of $513k and spending of $420k, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $351k to $513k (+46%), an average of +9.9% a year. The sharpest change came in the year to August 2021, when income rose by 122%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Musical Theatre Works Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Eastern Shore Repertory Theatre ($513k), Televisa Foundation Inc ($513k) and 20 Summers Inc ($513k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $92k (22% of expenses). Other salaries and wages came to $99k. At year end it held assets of $433k against liabilities of $15k, net assets of $418k. It reported 25 employees.