Studio Players

Analysis

Studio Players is a registered charity in United States, based in Upr Montclair, NJ. It received its IRS tax-exemption ruling in December 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Studio Players reported income of $148k and spending of $68k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $167k to $148k (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 520%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Studio Players sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Elementary School Heads Association ($148k), Newborn Hope Incorporated ($148k) and Christian Crusaders ($148k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 92% of the total. At year end it held assets of $950k against liabilities of $0, net assets of $950k.