Centre for Playback Theatre Inc

Analysis

Centre for Playback Theatre Inc is a registered charity in United States, based in Ladoga, IN. It received its IRS tax-exemption ruling in May 2000, 26 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 October 2023, Centre for Playback Theatre Inc reported income of $54k and spending of $60k, spending 111% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income fell from $74k to $54k (-27%), an average of -26% a year. The sharpest change came in the year to October 2023, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centre for Playback Theatre Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Community Performing Arts Association Inc ($54k), Trinity Old Swedes Church Historic Preservation Foundation Inc ($54k) and Storm Dance Team Booster Club Inc ($54k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $63k against liabilities of $5,695, net assets of $58k.