Elmwood Community Playhouse Inc

Analysis

Elmwood Community Playhouse Inc is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in May 1961, 65 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 August 2023, Elmwood Community Playhouse Inc reported income of $234k and spending of $261k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $485k to $234k (-52%), an average of -17% a year. The sharpest change came in the year to August 2022, when income rose by 81%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elmwood Community Playhouse Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Gig Harbor Now ($234k), Southern Association for Performance Arts Inc ($234k) and New York Chinese Opera Society Inc ($234k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 57% of the total. Other salaries and wages came to $34k. At year end it held assets of $445k against liabilities of $262k, net assets of $184k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.