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Passes our checks

Knoxville Childrens Theatre Inc

EIN 46-1054613 · Knoxville, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Knoxville Childrens Theatre, Inc. produces meaningful theatrical productions for children and families and serves the community through outreach and educational programs.

Income
$792,740
Spending
$506,305
Spent on programs
83%
Reserves
14.8 months of spending
Largest source of income
donations and private grants, 58%
Employees
5
Highest pay
$64,000, managing director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 88% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 14.8 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 36% of income.

  • Income trend

    15 of 15

    Income rose 50% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 8 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 95% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $284,032 spent. 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.
  2. $137,104 spent. KCT also provides an academy focused developing young people from ages 4 through 18. Classes are taught by professional theatre artists and are designed to be small in size to allow for individual and group instruction. During 2024, KCT offered a wide range of classes with a total of more than 500 participants. Participation in the academy continues to increase. Scholarships are provided for families in the community who may not be able to afford academy tuition.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2015 for not filing returns for three years, and reinstated on May 15, 2021.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.