Soho Playhouse Inc

Analysis

Soho Playhouse Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2011, 15 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 2022, Soho Playhouse Inc reported income of $868k and spending of $714k, spending 82% of its income. Across the 3 years on record, from August 2020 to August 2022, income grew from $376k to $868k (+131%), an average of +52% a year. The sharpest change came in the year to August 2021, when income rose by 62%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Soho Playhouse 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 74th percentile within NY. Charities of a similar size with the same main cause include Music Conservatory of Sandpoint Inc ($868k), Savannah Childrens Theatre Inc ($868k) and New Yorkers Against Gun Voilence Education Fund Inc ($868k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $161k. At year end it held assets of $83k against liabilities of $225k, net assets of -$142k. It reported 8 employees.