Driftwood Players

Analysis

Driftwood Players is a registered charity in United States, based in Aberdeen, WA. It received its IRS tax-exemption ruling in June 1961, 65 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 August 2023, Driftwood Players reported income of $152k and spending of $139k, spending 92% of its income. Across the 3 years on record, from August 2021 to August 2023, income fell from $175k to $152k (-13%), an average of -6.9% a year. The sharpest change came in the year to August 2022, when income dropped by 33%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Driftwood Players sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include The Full Life Ahead Foundation ($152k), Contemporary Circus and Immersive Arts Center ($152k) and Iranian-Armenian Society Inc ($152k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.