Rhinebeck Performing Arts Inc

Analysis

Rhinebeck Performing Arts Inc is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in September 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 September 2023, Rhinebeck Performing Arts Inc reported income of $741k and spending of $1.0m, spending 135% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $853k to $741k (-13%), an average of -3.5% a year. The sharpest change came in the year to September 2022, when income rose by 52%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhinebeck Performing Arts Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Heritage Camps for Adoptive Families Inc ($741k), Georgia Ensemble Theatre Company ($741k) and Agarita Chamber Players ($741k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.9% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $53k (5.3% of expenses). Other salaries and wages came to $313k. At year end it held assets of $1.5m against liabilities of $29k, net assets of $1.5m. It reported 35 employees.