National Theatre School of Canada

Analysis

National Theatre School of Canada is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in May 1995, 31 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 school under section 501(c)(3).

In the financial year ending July 2023, National Theatre School of Canada reported income of $10.3m and spending of $9.8m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $8.8m to $10.3m (+17%), an average of +4.0% a year. The sharpest change came in the year to July 2021, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Theatre School of Canada sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Japan Society Inc ($10.3m), Music for All Inc ($10.3m) and Grupo Nexos Inc ($10.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 66% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $124k (1.3% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $44.2m against liabilities of $5.3m, net assets of $38.9m.