Daytona Playhouse

Analysis

Daytona Playhouse is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in January 1957, 69 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 2024, Daytona Playhouse reported income of $680k and spending of $200k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $178k to $680k (+282%), an average of +40% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Daytona Playhouse sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Cumberland Valley School of Music ($680k), League of Historic American Theatres ($681k) and Louisville Academy of Music Inc ($680k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $2.0m against liabilities of $39k, net assets of $2.0m.