VALLEY YOUTH THEATRE
Mission Statement
Valley Youth Theatre's mission is to inspire young people to be the best they can be through a variety of performing arts opportunities. We are a safe place where young people from all backgrounds can learn and grow as individuals, performers and leaders. As we continue this mission our hope is to grow our three core programs so that more young people, throughout the state, will be able to experience live theatre, either on stage, in the audience or behind the scenes For the past 34 years, we have expanded our reach and offerings to include the following core programs: • Productions: Each season consists of five musicals and one play -- all with young people, ages seven to nineteen, participating as actors, orchestra members and technical support -- and there's never a fee for them to participate, ensuring youth from all socio-economic backgrounds can, and do, participate in our productions. • Education: VYT's students enjoy learning the fundamentals of acting, improvisation, voice, dance and theatrical production. VYT provides camps and classes throughout the year. • Community Outreach: Our community outreach programs provide accessibility to live theatre that children may not otherwise have and demonstrate our commitment to giving back to the community that supports us. Valley Youth Theatre is a community-focused organization dedicated to fostering confidence, leadership, teamwork, literacy, and public speaking skills, particularly for those who face significant challenges.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.0% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.4% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.5% | 5.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
114.9% | 251.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
49.5 mo | 16.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.3% | 10.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
44.4% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-77.7% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
30.7% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-15.8% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.4M | $1.6M | $6.5M | 71.0% | 15 |
| 2022 | $6.1M | $1.2M | $6.6M | 63.5% | 11 |
| 2021 | $1.9M | $842K | N/A | — | 13 |
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