Playwrights Foundation Inc

Analysis

Playwrights Foundation Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1979, 47 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Playwrights Foundation Inc reported income of $224k and spending of $257k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $378k to $224k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Playwrights Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Root Cause Research Center Inc ($224k), The Tun Legacy Foundation Inc ($224k) and McMinnville Community Media ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $68k (27% of expenses). Other salaries and wages came to $91k. At year end it held assets of $95k against liabilities of $612, net assets of $94k. It reported 49 employees.