Vineyard Theatre and Workshop Center Inc

Analysis

Vineyard Theatre and Workshop Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2023, Vineyard Theatre and Workshop Center Inc reported income of $3.9m and spending of $4.6m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.9m (+30%), an average of +6.9% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vineyard Theatre and Workshop Center 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 88th percentile within NY. Charities of a similar size with the same main cause include Joint Center for Political and Economic Studies Inc ($3.9m), National Black Theatre Workshop Incorporated ($3.9m) and Berkshire Theatre Group Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $326k (7.1% of expenses). Other salaries and wages came to $1.2m. It paid $131k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $620k, net assets of $2.8m. It reported 287 employees.