The Park Theatre Inc

Analysis

The Park Theatre Inc is a registered charity in United States, based in Jaffrey, NH. It received its IRS tax-exemption ruling in May 2007, 19 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 June 2023, The Park Theatre Inc reported income of $675k and spending of $737k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $743k to $675k (-9.2%), an average of -3.2% a year. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Park Theatre Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within NH. Charities of a similar size with the same main cause include Looking for Lincoln Heritage Coalition ($674k), Brookline Arts Center Inc ($675k) and Cornerstones Community Partnerships ($674k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $107k (15% of expenses). Other salaries and wages came to $74k. At year end it held assets of $5.4m against liabilities of $2.1m, net assets of $3.3m. It reported 14 employees.