Plan-B Theater Company

Analysis

Plan-B Theater Company is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in August 1995, 31 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 June 2023, Plan-B Theater Company reported income of $431k and spending of $448k, spending 104% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $280k to $431k (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plan-B Theater Company sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within UT. Charities of a similar size with the same main cause include Rappahannock Art League Inc Doug Mock Executive Director ($431k), Gaura Nitai Foundation ($431k) and The Great Lakes Childrens Museum ($431k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $102k (23% of expenses). Other salaries and wages came to $165k. At year end it held assets of $116k against liabilities of $14k, net assets of $102k. It reported 58 employees.