Philipstown Depot Theatre Inc

Analysis

Philipstown Depot Theatre Inc is a registered charity in United States, based in Garrison, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Philipstown Depot Theatre Inc reported income of $303k and spending of $301k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $303k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 124%. 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, Philipstown Depot Theatre Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Orange County Childrens Theatre ($303k), In the Land of Mara Foundation ($303k) and Valley Shore Community Television Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. It paid $5,040 in professional fundraising fees. At year end it held assets of $675k against liabilities of $19k, net assets of $656k.