Piper Theatre Productions Inc

Analysis

Piper Theatre Productions Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Piper Theatre Productions Inc reported income of $212k and spending of $230k, spending 108% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $305k to $212k (-30%), an average of -8.7% a year. The sharpest change came in the year to October 2021, when income rose by 249%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Piper Theatre Productions Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Namba Performing Arts Space Inc ($212k), Highsteppers Drill Team Inc ($212k) and Nebraska State Bandmasters Association ($212k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $10k (4.3% of expenses). Other salaries and wages came to $76k. At year end it held assets of $22k against liabilities of $46k, net assets of -$24k. It reported 49 employees.