ROANOKE CHILDRENS THEATRE INC
Mission Statement
Roanoke Children’s Theatre is the Valley’s only professional theatre designed just for children. RCT’s mission is to provide high quality theatre education and entertainment for kids, their schools and their families with year round productions; and offers academy-based classes, workshops, residencies, and camps to area youth, community centers, and schools. We employ professional theatre staff, professional adult actors, and professional theatre educators and designers, who then team with local youth and talent to create a unique mentoring opportunity that benefits the entire community. We believe that Skills for Theatre are Skills for Life. In our increasingly insular technological world, we help our youth develop the creative critical thinking and essential interpersonal and public confidence building tools that will ensure success in the 21st century workplace. We believe that theatre as a collaborative art form provides inherent educational benefits that all children should experience. We believe in the professional mentoring that can only be obtained by working with professional artists and educators to maintain the highest of artistic standards. And we believe in bringing all this to life at RCT.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
63.8% | 82.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
23.6% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
12.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.7 mo | 9.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.2% | 1.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.5% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-50.5% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-60.7% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.2% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $236K | $250K | $55K | 63.8% | 17 |
| 2023 | $476K | $637K | $70K | 81.9% | 11 |
| 2022 | $510K | $652K | $231K | 66.2% | 7 |
| 2021 | $570K | $342K | N/A | — | 7 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.