Playwrights Realm Inc

Analysis

Playwrights Realm Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2008, 18 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 August 2023, Playwrights Realm Inc reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $1.4m (-9.0%), an average of -2.3% a year. The sharpest change came in the year to August 2022, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Playwrights Realm Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Association for Information Science & Technology ($1.4m), Save Ellis Island Inc ($1.4m) and Marin Ballet ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $149k (14% of expenses). Other salaries and wages came to $382k. At year end it held assets of $2.1m against liabilities of $190k, net assets of $1.9m. It reported 18 employees.