Sierra Madre Playhouse

Analysis

Sierra Madre Playhouse is a registered charity in United States, based in Sierra Madre, CA. It received its IRS tax-exemption ruling in May 1957, 69 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 December 2023, Sierra Madre Playhouse reported income of $643k and spending of $669k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $643k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sierra Madre Playhouse sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Oregon Contemporary Theatre ($643k), Cantata Singers Inc ($643k) and Lithuanian Maironis Community School of Lemont ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $35k (5.2% of expenses). Other salaries and wages came to $135k. At year end it held assets of $739k against liabilities of $34k, net assets of $704k. It reported 31 employees.