Bedford Playhouse Inc

Analysis

Bedford Playhouse Inc is a registered charity in United States, based in Bedford, NY. It received its IRS tax-exemption ruling in April 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 (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, Bedford Playhouse Inc reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.4m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bedford Playhouse Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include National Council on Education for the Ceramic Arts ($2.4m), San Angelo Museum of Fine Arts ($2.4m) and The National Center for Genome Resources ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $122k (4.9% of expenses). Other salaries and wages came to $634k. At year end it held assets of $6.0m against liabilities of $343k, net assets of $5.7m. It reported 59 employees.