San Francisco Playhouse
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SHARE STORIES THAT UPLIFT OUR SPIRITS DEEPEN SELF-AWARENESS AND NURTURE COMPASSIONATE COMMUNITY.
- Income
- $6.7 million
- Spending
- $6.4 million
- Spent on programs
- 73%
- Reserves
- 0.7 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 173
- Volunteers
- 0
- Highest pay
- $120,000, artistic director
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 54 out of 100. Higher than 25% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.7 months of spending.
Debt
5 of 20It owes 59% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 16 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 31% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2521 of 23 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.7 million spent. In fiscal year 2024 our strategic investment in celebrating our 20th season with large-scale impressive productions yielded positive results. Subscription sales continued to grow and we exceeded budget projections for both earned and contributed revenue. Operating expenses remained aligned with budget targets. The organization experienced a slight deficit due to the timing of an anticipated Employee Retention Credit ERC refund of $425,000 which was budgeted for FY24 but received in FY25. Despite implementing a mid-year ticket and subscription price increase sales momentum remained strong demonstrating audience loyalty and market demand. The organization continued its record of critical acclaim earning the most Bay Area Theatre Critics Circle nominations and awards. The season concluded with a highly successful production of Evita which drove subscription sales to an all-time high of approximately 3,200 subscribers. Early indicators for FY25 show earned revenue significantly exceeding budget projections positioning the organization for a strong financial year ahead.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 August 2025.
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 March 2004.
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.