Playhouse Association Incorporated

Analysis

Playhouse Association Incorporated is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in October 1957, 69 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Playhouse Association Incorporated reported income of $156k and spending of $129k, spending 82% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $68k to $156k (+129%), an average of +23% a year. The sharpest change came in the year to August 2022, when income rose by 365%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Playhouse Association Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Texas Transportation Museum Inc ($156k), Society of Mayflower Descendants in the State of California Inc ($156k) and Society for Creative Anachronism-Pa Inc ($156k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 28% and program service revenue 69% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.