Savoy Company Western Savings Fund Building

The Savoy Company Western Savings Fund Building is a nonprofit organization based in Pennsylvania. It is currently classified under the category of Arts, Culture, and Humanities, with a focus on Opera according to the National Taxonomy of Exempt Entities (NTEE)[1]. The organization has been recognized as tax-exempt since February 1961[2].

Financial Overview

As of the fiscal year ending September 2023, the organization reported $222,000 in revenue and $185,000 in expenses. Its total assets were valued at $477,199, with no reported liabilities[1]. Contributions are the primary source of revenue, accounting for over 100% of its total revenue in 2023[1].

Governance and Operations

The organization does not compensate its key employees or officers. Notable directors include Amy Williams, Rebecca Ross, Colin Vroome, Claire Shearer Reynolds, Lucia Spargo, and Jenn Russell, among others[1]. The Savoy Company Western Savings Fund Building is closely associated with The Savoy Company, which is America's and the world's oldest continuously performing theater company dedicated to the works of Gilbert and Sullivan[3]. However, the exact operational connection between these entities is not explicitly detailed in available public records.

Tax-Exempt Status and Donations

As a tax-exempt organization, donations to the Savoy Company Western Savings Fund Building are tax-deductible[1]. The organization files an annual Form 990 with the Internal Revenue Service (IRS), providing detailed financial information and governance details[2].