Merc Playhouse Society

Analysis

Merc Playhouse Society is a registered charity in United States, based in Twisp, WA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Merc Playhouse Society reported income of $142k and spending of $171k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $142k (-14%), an average of -14% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merc Playhouse Society sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Terrence F Carraway Foundation ($142k), Venango Area Riding for the Handicapped Association Inc ($142k) and Forward Motion Social Justice Institute ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $36k (21% of expenses). Other salaries and wages came to $21k. At year end it held assets of $461k against liabilities of $68k, net assets of $393k. It reported 8 employees.