Passes our checks

Titusville Playhouse Inc

EIN 59-6177447 · Titusville, FL

Public records show a registered, tax-exempt organization in good standing.

What it says it does

LIVE THEATRE PERFORMANCES AND EDUCATION

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 38 out of 100. Higher than 9% of charities in its peer group (arts and culture, $1m to $10m).

Reserves
0 of 35
Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20
It owes 63% of what it owns.
Living within its means
8 of 15
Spending exceeded income by 0% of income.
Income trend
10 of 15
Income fell 5% on the year before.
Spending floor
15 of 15
71% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 61 out of 100. Higher than 13% of charities in its peer group (arts and culture, $1m to $10m).

Independent board
18 of 25
4 of 4 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15
Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

$1.6 million spent. WE PRODUCE LARGE-SCALE LIVE THEATRE, STAGING 210+ UNIQUE PRODUCTIONS, WELCOMING MORE THAN 42,500 AUDIENCE MEMBERS, AND ENGAGING OVER 2000 PERFORMERS, CREW, AND VOLUNTEERS.
$100,221 spent. SALE OF BEVERAGES AND SNACKS DURING LIVE PERFORMANCES IS CONDUCTED FOR THE CONVENIENCE AND COMFORT OF PATRONS. PROCEEDS ARE USED TO OFFSET PRODUCTION COSTS, DIRECTLY SUPPORTING AND BENEFITING THE ORGANIZATIONS EXEMPT PURPOSE.
$28,603 spent. CLASSES, WORKSHOPS AND OTHER ACTIVITIES CONSTRUCTED TO EDUCATE ADULTS AND CHILDREN ABOUT ARTISTIC AND TECHINCAL THEATRE.

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1966.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.