Pipeline Theatre Company Inc

Analysis

Pipeline Theatre Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2012, 14 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 June 2023, Pipeline Theatre Company Inc reported income of $145k and spending of $207k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $347k to $145k (-58%), an average of -20% a year. The sharpest change came in the year to June 2022, when income rose by 198%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pipeline Theatre Company Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Historic Boulder Inc ($145k), Humboldt Light Opera Company ($145k) and The Childrens Museum of St Croix Inc ($145k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $65k (31% of expenses). Other salaries and wages came to $43k. At year end it held assets of $166k against liabilities of $8,800, net assets of $157k. It reported 8 employees.