Ivoryton Playhouse Foundation Inc

Analysis

Ivoryton Playhouse Foundation Inc is a registered charity in United States, based in Ivoryton, CT. It received its IRS tax-exemption ruling in June 1980, 46 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, Ivoryton Playhouse Foundation Inc reported income of $2.2m and spending of $2.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ivoryton Playhouse Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Research Institute for Learning and Development ($2.2m), Fab Foundation ($2.2m) and Chamber Music Northwest ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.3m against liabilities of $375k, net assets of $2.9m. It reported 66 employees.