OGUNQUIT PLAYHOUSE FOUNDATION
Mission Statement
The Ogunquit Playhouse Foundation is a not-for-profit organization dedicated to preserving the Ogunquit Playhouse experience for present and future generations. We will do this by: Maintaining and preserving the Ogunquit Playhouse facilities in conformance with the National Register of Historic Places standard, and insuring its continuation as a functioning playhouse. Providing and promoting high-quality ongoing performing arts programs in keeping with Ogunquit’s historic tradition. Promoting education and cultural programs and events for the public that will benefit the performing arts. Raising and soliciting financial and other resources necessary to accomplish our objectives.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.5% | 79.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.5% | 5.9% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2207.1% | 812.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.7 mo | 29.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
30.1% | 12.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
60.5% | 67.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
30.7% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.1% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.5% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $17.4M | $16.2M | $10.4M | 83.5% | 418 |
| 2023 | $13.3M | $15.0M | $9.2M | 83.7% | 384 |
| 2022 | $10.4M | $13.4M | $10.7M | 83.1% | 401 |
| 2021 | $13.5M | $9.5M | N/A | — | 263 |
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