East-West Players Inc

Analysis

East-West Players Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1967, 59 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 June 2023, East-West Players Inc reported income of $3.9m and spending of $2.8m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.9m (+171%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East-West Players Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Common Sense Institute ($3.9m), Amigos Del Museo Del Barrio ($3.9m) and Fort Wayne Philharmonic Orchestra Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $242k (8.5% of expenses). Other salaries and wages came to $1.1m. It paid $17k in professional fundraising fees. At year end it held assets of $7.4m against liabilities of $54k, net assets of $7.3m. It reported 127 employees.