Playhouse in the Park Inc

Analysis

Playhouse in the Park Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in March 1961, 65 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Playhouse in the Park Inc reported income of $182k and spending of $191k, spending 105% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $180k to $182k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to May 2023, when income rose by 99%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Playhouse in the Park Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AL. Charities of a similar size with the same main cause include Messenger Films ($182k), Midwest Miniatures Museum ($183k) and Kweli Journal Inc ($182k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.5% and program service revenue 92% of the total. Other salaries and wages came to $56k. At year end it held assets of $346k against liabilities of $0, net assets of $346k. It reported 2 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.