Edmonds Driftwood Players

Analysis

Edmonds Driftwood Players is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in June 1965, 61 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, Edmonds Driftwood Players reported income of $468k and spending of $464k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $407k to $468k (+15%), an average of +3.5% a year. The sharpest change came in the year to August 2023, when income rose by 130%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Edmonds Driftwood Players sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Susquehanna Art Museum ($468k), Scenic City Clay Arts ($468k) and Hennepin History Museum ($468k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. Other salaries and wages came to $202k. At year end it held assets of $392k against liabilities of $136k, net assets of $256k. It reported 11 employees.