Flying House Productions
Analysis
Flying House Productions is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Flying House Productions reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income fell from $2.2m to $1.8m (-17%), an average of -4.6% a year. The sharpest change came in the year to September 2020, when income dropped by 18%. Over the whole period it spent 89% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flying House Productions sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Stageworks Inc ($1.8m), Carolina Theatre of Greensboro Inc ($1.8m) and National Association of Broadcasters Leadership Foundation ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $301k (16% of expenses). Other salaries and wages came to $336k. At year end it held assets of $3.8m against liabilities of $400k, net assets of $3.4m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 48%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stageworks Inc | Tampa | $1.8m |
| Carolina Theatre of Greensboro Inc | Greensboro | $1.8m |
| National Association of Broadcasters Leadership Foundation | Washington | $1.8m |
| Perkins Center for the Arts | Moorestown | $1.8m |