The Historic Cocoa Village Playhouse Inc

Analysis

The Historic Cocoa Village Playhouse Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in July 1986, 40 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, The Historic Cocoa Village Playhouse Inc reported income of $2.2m and spending of $1.8m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.2m (+31%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Historic Cocoa Village Playhouse Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Free Code Camp Inc ($2.2m), Roxie Theater ($2.2m) and Turner Institute of Ecoagriculture Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Other salaries and wages came to $862k. At year end it held assets of $2.2m against liabilities of $328k, net assets of $1.8m. It reported 50 employees.