Weston Playhouse Theatre

Analysis

Weston Playhouse Theatre is a registered charity in United States, based in Weston, VT. It received its IRS tax-exemption ruling in June 1989, 37 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, Weston Playhouse Theatre reported income of $2.9m and spending of $3.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.9m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Weston Playhouse Theatre sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Skylight Music Theatre Corp ($2.9m), Friends of Louisiana Public Broadcasting Inc ($2.9m) and The History Theatre Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $124k (4.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $12.2m against liabilities of $374k, net assets of $11.8m. It reported 130 employees.