The Country Playhouse Inc

Analysis

The Country Playhouse Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 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 May 2023, The Country Playhouse Inc reported income of $1.1m and spending of $1.2m, spending 113% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.4m to $1.1m (-22%), an average of -5.9% a year. The sharpest change came in the year to May 2022, when income rose by 64%. Over the whole period it spent 125% 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 Country Playhouse Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Craft Guild of Dallas Inc ($1.1m), Youth Symphony Association of Kansas City Inc ($1.1m) and Port Townsend Marine Science Center ($1.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 27% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $76k (6.3% of expenses). Other salaries and wages came to $562k. At year end it held assets of $4.0m against liabilities of $1.1m, net assets of $2.9m. It reported 24 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.