Friends of the Historic Playhouse Theatre Inc

Analysis

Friends of the Historic Playhouse Theatre Inc is a registered charity in United States, based in Randolph, VT. It received its IRS tax-exemption ruling in November 2020, 6 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, Friends of the Historic Playhouse Theatre Inc reported income of $105k and spending of $117k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $262k to $105k (-60%), an average of -37% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Historic Playhouse Theatre Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 29th percentile within VT. Charities of a similar size with the same main cause include Henning Landmark Center ($105k), Winsor Music Incorporated ($105k) and Boylston Place Foundation Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 61% of the total. Other salaries and wages came to $31k. At year end it held assets of $360k against liabilities of $175k, net assets of $185k. It reported 1 employees.