Out of the Woodworks Productions

Analysis

Out of the Woodworks Productions is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in June 2012, 14 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, Out of the Woodworks Productions reported income of $702k and spending of $299k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $702k (+246%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 14750%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Out of the Woodworks Productions 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 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Touchstone ($702k), Alaska Childrens Institute for the Performing Arts Inc ($702k) and Buffalo Arts Studio ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. At year end it held assets of $861k against liabilities of $0, net assets of $861k.