Old Brick Playhouse Company

Analysis

Old Brick Playhouse Company is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in August 1993, 33 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 2022, Old Brick Playhouse Company reported income of $159k and spending of $225k, spending 141% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $231k to $159k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 136% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old Brick Playhouse Company sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within WV. Charities of a similar size with the same main cause include Southern Nevada Home School Performing Arts Inc ($159k), Silicon Valley Chinese School ($159k) and Bedford Boys Tribute Center ($159k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $27k (12% of expenses). At year end it held assets of $1,896 against liabilities of $251k, net assets of -$249k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.