Carolina Youth Theatre

Nonprofit profile at a glance

EIN
831776897
IRS 990-EZ coverage
2020–2021
Forms available
Form 990-EZ 2021, Form 990-N 2019
Location
Clayton, NC, USA
Phone
9196122518
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$111,328
Expenses
$103,619
Assets
$131,367

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • STEVE YAUCH (PRESIDENT)

People named in this filing

  • NIKKI DYKE (EXECUTIVE DI)
  • STEVE YAUCH (PRESIDENT)
  • JOYE DOUTHART (VICE PRESIDE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To educate young people and showcase their talents through theatre arts

What it reported doing in 2021

Spring, 2021 workshops were offered for a nominal fee, totaling 4,827 for 2021. 30 students, grades k through 12, participated in the 4 spring classes, 6 sessions each, for 27 total hours of instruction. Fall, 2021 workshops were done in conjunciton with the town of clayton library's big read program and was offered at no cost to participants. 17 students, grades 3 through 10, participated in the 2 workshops for 3 total hours of instruction. The purposes were to further educate youth through the theatre arts; develop their talents, confidence, and interest in reading; and grow in their appreciation of the arts in their communities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.3%; rating input score 85
  • Program expense ratio: 91.7%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.9%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 24.4%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 68.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 14.1% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: -22.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 85.3% of revenue deployed · 91.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $95K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.