Actors Guild of Parkersburg Inc

Analysis

Actors Guild of Parkersburg Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in July 1962, 64 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 June 2023, Actors Guild of Parkersburg Inc reported income of $315k and spending of $323k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $954k to $315k (-67%), an average of -24% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Actors Guild of Parkersburg Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WV. Charities of a similar size with the same main cause include Philanthrofilms ($315k), Grass Roots Cultural and Performing Arts Center ($315k) and Angels of Charity and Music ($315k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.6m against liabilities of $149k, net assets of $1.5m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.