Knoxville Childrens Theatre Inc
Nonprofit profile at a glance
- EIN
- 461054613
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Knoxville, TN, USA
- Phone
- 8652083677
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $792,740
- Expenses
- $506,305
- Assets
- $643,069
- Liabilities
- $19,017
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Barron Kennedy (President)
Highest reported compensation
- Sien Moon (Managing Director): $64,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Knoxville Childrens Theatre, Inc. produces meaningful theatrical productions for children and families and serves the community through outreach and educational programs.
What it reported doing in 2024
Knoxville Childrens Theatre, an education-based 501(c)(3) non-profit, is a local theatre company producing professional plays for children, by children. KCT is committed to providing children opportunities to acquire and hone skills that enhance creative thinking, public speaking, project management, personal responsibility, leadership, and team work. All of these opportunities occur in a creative outlet where imagination thrives, self-esteem develops, and students learn the many life lessons that creative dramatics can teach. We Believe: -We believe that theatrical arts are for everyone, so we have established a diverse organization where any child can participate in a production at no cost. -We believe that our community benefits from quality theatre, so we are committed to superior productions and professional instruction. -We believe that theatre teaches vital life skills, so we provide an environment where children improve public speaking, develop self-confidence, practice teamwork, build a strong work ethic, become problem solvers and future leaders. -We believe that childrens theatre is fun So we nurture its energy and excitement into a lifelong love for the performing arts. During 2024, KCT was able to successfully plan and perform a total of 10 shows throughout the year. The participation in and attendance of the shows has been strong and continues to increase.
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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 86
- Accountability: 100
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.1%; rating input score 53
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: $12.78 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 36.1%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 14.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 34.1% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 53.1% of revenue deployed · 83.2% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $421K in reported program spending
- Leadership: top reported pay $64K · 8 people listed
- Consistency: 24 of 25 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.