Playhouse Artists

Analysis

Playhouse Artists is a registered charity in United States, based in New Hope, PA. It received its IRS tax-exemption ruling in June 2016, 10 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 2022, Playhouse Artists reported income of $885k and spending of $893k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $714k to $885k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Playhouse Artists sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Wyo Theatre Inc ($885k), Hits Theatre ($886k) and Symphony in C a New Jersey Non Profit Corporation ($885k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 109% of the total. At year end it held assets of $122k against liabilities of $87k, net assets of $35k.