The Ghent Playhouse Inc

Analysis

The Ghent Playhouse Inc is a registered charity in United States, based in Ghent, NY. It received its IRS tax-exemption ruling in December 1991, 35 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 July 2024, The Ghent Playhouse Inc reported income of $61k and spending of $49k, spending 80% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $86k to $61k (-29%), an average of -29% a year. The sharpest change came in the year to July 2024, when income dropped by 29%. Over the whole period it spent 75% 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 Ghent Playhouse Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include The Columns Tippah County Interpretive Center ($61k), Chicago Praise Ministries ($61k) and Johnson-Humrickhouse Museum Foundation ($61k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 23% and program service revenue 72% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.