Rivertowne Repertory Players

Analysis

Rivertowne Repertory Players is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2023, Rivertowne Repertory Players reported income of $195k and spending of $148k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $138k to $195k (+41%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rivertowne Repertory Players sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Cognition ($195k), James River Writers ($195k) and Studio Gallery Association Inc ($195k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.