Ridgefield Workshop for the Performing Arts Inc

Analysis

Ridgefield Workshop for the Performing Arts Inc is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in April 1967, 59 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 June 2023, Ridgefield Workshop for the Performing Arts Inc reported income of $579k and spending of $405k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $195k to $579k (+197%), an average of +44% a year. The sharpest change came in the year to June 2022, when income rose by 275%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ridgefield Workshop for the Performing Arts Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Gallup Inter-Tribal Indian Ceremonial Association Inc ($579k), Vapa Center ($579k) and Open Channels New York Inc ($579k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $1.0m against liabilities of $237k, net assets of $785k. It reported 4 employees.