Bread & Puppet Theatre Inc is a 501(c)(3) organization based in Glover, Vermont, registered in 1970, with $1,170,982 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.2M
▲ 32.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.1M
Net assets
$1.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bread & Puppet Theatre Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bread & Puppet Theatre Inc: 15 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bread & Puppet Theatre Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bread & Puppet Theatre Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $249K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
9.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$244K
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,170,982▲32.7% | $1,061,136▲3.1% | $1,309,173▲9.2% | $1,552,708▲7.3% | 990 |
| 2023 | $882,686▼15.6% | $1,029,021▲11.0% | $1,199,327▼10.9% | $1,447,608▼10.5% | 990 |
| 2022 | $1,045,274▲74.3% | $927,397▲86.1% | $1,345,662▲9.6% | $1,617,616▲31.5% | 990 |
| 2021 | $599,590▲18.9% | $498,308▲33.5% | $1,227,785▲9.0% | $1,230,042▲8.9% | 990 |
| 2020 | $504,409▲13.6% | $373,306▼6.8% | $1,126,503▲13.2% | $1,129,893▲13.2% | 990 |
| 2019 | $444,021▼11.0% | $400,354▲1.5% | $995,401▲4.6% | $997,736▲4.7% | 990 |
| 2018 | $498,722▼25.6% | $394,412▲31.9% | $951,733▲12.2% | $952,965▲12.3% | 990 |
| 2017 | $670,401▲108% | $299,089▲29.1% | $848,226▲77.9% | $848,226▲77.9% | 990 |
| 2016 | $322,609▲5.8% | $231,706▲3.2% | $476,915▲23.5% | $476,915▲23.5% | 990 |
| 2015 | $304,900▲11.9% | $224,477▼11.1% | $386,012▲26.3% | $386,012▲26.3% | 990 |
| 2014 | $272,357▲9.3% | $252,592▼8.0% | $305,588▲6.9% | $305,609▲6.9% | 990 |
| 2013 | $249,094 | $274,657 | $285,821 | $285,821 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to Bread & Puppet Theatre Inc totaling $573K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $67,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $50,250 |
| Vermont Community Foundation | General purpose | 2022 | $16,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,550 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,550 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $122,753 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $73,290 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $100,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $40,500 |
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Data for Bread & Puppet Theatre Inc (EIN 23-7057230) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.