Playwrights Project

Analysis

Playwrights Project is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1994, 32 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 June 2023, Playwrights Project reported income of $859k and spending of $465k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $470k to $859k (+83%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 82% 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 Project 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 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Salina Educational Automotive Museum of America Inc ($859k), The Grand Theatre Foundation Inc ($860k) and First Act Theatre Arts Inc ($859k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $83k (18% of expenses). Other salaries and wages came to $247k. At year end it held assets of $834k against liabilities of $46k, net assets of $788k. It reported 91 employees.