Western Reserve Playhouse

Analysis

Western Reserve Playhouse is a registered charity in United States, based in Richfield, OH. It received its IRS tax-exemption ruling in October 2024, 2 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 December 2023, Western Reserve Playhouse reported income of $107k and spending of $133k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $127k to $107k (-15%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Western Reserve Playhouse sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Salvage Vanguard Theater ($107k), Rize Program ($107k) and Benicia Ballet Theatre Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $89k against liabilities of $31k, net assets of $58k.