Falcon Playhouse Foundation

Analysis

Falcon Playhouse Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2022, 4 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 December 2023, Falcon Playhouse Foundation reported income of $54k and spending of $51k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $54k (+1.3%), an average of +1.3% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Falcon Playhouse Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Ukrainian-American Cultural Center Inc ($54k), Paxton Theatre ($54k) and Culture and Heritage Alliance ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.