Montauk Playhouse Community Center Foundation Inc

Analysis

Montauk Playhouse Community Center Foundation Inc is a registered charity in United States, based in Montauk, NY. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Montauk Playhouse Community Center Foundation Inc reported income of $2.1m and spending of $1.3m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 661%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Montauk Playhouse Community Center Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Mitchell Swaback Charities Inc ($2.1m), United Way Blackhawk Region Inc ($2.1m) and Easton Community Center Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $130k. At year end it held assets of $8.6m against liabilities of $123k, net assets of $8.5m. It reported 2 employees.