Creates professional theater, fosters community, and nurtures learning through the arts.
For fiscal year 2024 it reported $713K in revenue, $909K in expenses, and $98K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$713K
Pt VIII · Ln 12
Total expenses
$909K
Pt IX · Ln 25
Net assets
$98K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$196K
Where spending went · Part IX cols B–D
76%
16%
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program efficiency
76%
of spending reaches programs▲ +21% vs prior filing year
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
-27%
revenue over expenses, this year▲ +75% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$713K
FY2024▲ +52%
$2.0M$1.0M$0
FY2021FY2024
Expenses
$909K
FY2024▼ -8%
$1.4M$693K$0
FY2021FY2024
Total assets
$609K
FY2024▼ -20%
$1.4M$678K$0
FY2021FY2024
Total liabilities
$511K
FY2024▲ +8%
$549K$275K$0
FY2021FY2024
Total revenue
$713K
Pt VIII · Ln 12
Total expenses
$909K
Pt IX · Ln 25
Net assets
$98K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$196K
Total assetsPt X · Ln 16$609K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III
Where the work happens
2 program services account for $695K of program spending, described in the organization's own filed words · FY2024.
01
Production
MTCS annual production season is selected to ensure a balance of programming that can meet the needs of young people and families in our community, with a grounding in the educational, social, and emotional learning and development of young people.
$501Kprogram expense
02
Education
A core component of MTCS mission is grounded in delivering educational programs that use theater as a tool to teach young people a range of other curriculum, as well as to develop SOCIAL/EMOTIONAL learning, deepen self-efficacy, and understand differences.
Jessie Youngblood’s $74K as Managing Director
is at the 69th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Jessie Youngblood · Reported title MANAGING DIRECTOR · Highest reported compensation $74K · Total expenses $909K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $562K · Total expenses $909K
62%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
76%
—
—
Overhead ratio
16%
—
—
Fundraising cost ratio
18%
—
—
Revenue growth
52%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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