Arctic Playhouse

Analysis

Arctic Playhouse is a registered charity in United States, based in West Warwick, RI. It received its IRS tax-exemption ruling in March 2015, 11 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, Arctic Playhouse reported income of $273k and spending of $209k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $273k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arctic Playhouse sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 56th percentile within RI. Charities of a similar size with the same main cause include Acting Out Theater Company ($273k), Healdsburg Center for the Arts ($273k) and Hill Country Community Theatre Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $1.0m against liabilities of $46k, net assets of $959k.