Mill Mountain Playhouse Co

Analysis

Mill Mountain Playhouse Co is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in January 1967, 59 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, Mill Mountain Playhouse Co reported income of $1.4m and spending of $1.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mill Mountain Playhouse Co sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Population Research Institute Inc ($1.4m), Kiran Nadar Museum of Art ($1.4m) and Stuart Air Show Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $144k (10% of expenses). Other salaries and wages came to $711k. At year end it held assets of $1.5m against liabilities of $172k, net assets of $1.3m. It reported 51 employees.