Portland Theater Productions

Analysis

Portland Theater Productions is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1997, 29 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Portland Theater Productions reported income of $1.6m and spending of $258k, leaving 84% of income unspent that year. Across the 5 years on record, from September 2019 to June 2023, income grew from $1.6m to $1.6m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Theater Productions sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Fitchburg Art Museum ($1.6m), Floodlight Inc ($1.6m) and Mama Foundation for the Arts Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $4,948. At year end it held assets of $1.8m against liabilities of $4.9m, net assets of -$3.1m.