Steel River Playhouse Inc

Analysis

Steel River Playhouse Inc is a registered charity in United States, based in Pottstown, PA. It received its IRS tax-exemption ruling in March 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 June 2023, Steel River Playhouse Inc reported income of $393k and spending of $533k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $544k to $393k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Steel River Playhouse Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Arabic School of Chicago ($392k), Oregon Walks ($393k) and Victoria Bach Festival Association Inc ($392k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $25k (4.7% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $676k. It reported 11 employees.