Bridge Street Theatre Inc

Analysis

Bridge Street Theatre Inc is a registered charity in United States, based in Catskill, NY. It received its IRS tax-exemption ruling in May 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 (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, Bridge Street Theatre Inc reported income of $195k and spending of $213k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $195k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridge Street Theatre Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Jazz in June Inc ($195k), Magic City Perfoming Arts ($195k) and Alton Little Theater Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $10k (4.7% of expenses). Other salaries and wages came to $34k. At year end it held assets of $413k against liabilities of $209k, net assets of $204k. It reported 13 employees.