Pittsburgh Playwrights Theatre Co Penn Theater

Analysis

Pittsburgh Playwrights Theatre Co Penn Theater is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2004, 22 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 July 2023, Pittsburgh Playwrights Theatre Co Penn Theater reported income of $459k and spending of $586k, spending 128% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $343k to $459k (+34%), an average of +7.5% a year. The sharpest change came in the year to July 2020, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pittsburgh Playwrights Theatre Co Penn Theater sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Zig Software Foundation Inc ($459k), Austin Scottish Rite Community and Childrens Theater Inc ($459k) and Galveston Childrens Museum ($459k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $858k against liabilities of $591k, net assets of $267k.