Cooperstown Theatre Festival Inc

Analysis

Cooperstown Theatre Festival Inc is a registered charity in United States, based in Lake Placid, NY. It received its IRS tax-exemption ruling in October 1990, 36 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 December 2023, Cooperstown Theatre Festival Inc reported income of $91k and spending of $88k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $91k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. 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, Cooperstown Theatre Festival Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Bhartiya Samaj of Central Florida Inc ($91k), Living Artists Collective ($91k) and Theatre Arts for Everyone ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $10k, net assets of $33k.