Bread & Puppet Theatre Inc

Analysis

Bread & Puppet Theatre Inc is a registered charity in United States, based in Glover, VT. It received its IRS tax-exemption ruling in February 1970, 56 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 December 2023, Bread & Puppet Theatre Inc reported income of $883k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $883k (+99%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bread & Puppet Theatre Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within VT. Charities of a similar size with the same main cause include 1812 Productions Inc ($883k), The Belmont Theatre ($883k) and Wisconsineye Public Affairs Network Inc ($882k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $44k (4.3% of expenses). Other salaries and wages came to $458k. At year end it held assets of $1.4m against liabilities of $248k, net assets of $1.2m.