Marthas Vineyard Playhouse Inc

Analysis

Marthas Vineyard Playhouse Inc is a registered charity in United States, based in Tisbury, MA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marthas Vineyard Playhouse Inc reported income of $740k and spending of $884k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $696k to $740k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marthas Vineyard Playhouse Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include United Chinese Americans ($740k), Sprout MN ($740k) and Hero to a Child Inc ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $271k. At year end it held assets of $2.9m against liabilities of $781k, net assets of $2.2m. It reported 53 employees.