Oak Ridge Community Playhouse

Analysis

Oak Ridge Community Playhouse is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in January 1959, 67 years ago. 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, Oak Ridge Community Playhouse reported income of $502k and spending of $519k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $296k to $502k (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Ridge Community Playhouse sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Unico Foundation Inc ($502k), Western Sonoma County Youth Soccer League ($502k) and Shootout for Soldiers Inc ($502k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $123k. At year end it held assets of $1.0m against liabilities of $522k, net assets of $506k. It reported 3 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.