Berkshire Theatre Group Inc

Analysis

Berkshire Theatre Group Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berkshire Theatre Group Inc reported income of $3.9m and spending of $5.4m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $3.9m (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berkshire Theatre Group Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include News Revenue Hub Inc ($3.9m), Joint Center for Political and Economic Studies Inc ($3.9m) and The Schubert Club ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Other salaries and wages came to $2.5m. It paid $42k in professional fundraising fees. At year end it held assets of $15.1m against liabilities of $3.5m, net assets of $11.6m. It reported 136 employees.