Play Group Theater for Children and Young Adults Inc

Analysis

Play Group Theater for Children and Young Adults Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in January 1995, 31 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 January 2024, Play Group Theater for Children and Young Adults Inc reported income of $858k and spending of $990k, spending 115% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $973k to $858k (-12%), an average of -3.1% a year. The sharpest change came in the year to January 2022, when income rose by 55%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Play Group Theater for Children and Young Adults Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Palenke Arts ($858k), First Act Theatre Arts Inc ($859k) and Open Source Gallery Inc ($858k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 13% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $204k (21% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $407k. It reported 31 employees.