Colonial Players Incorporated

Analysis

Colonial Players Incorporated is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in July 1970, 56 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2024, Colonial Players Incorporated reported income of $427k and spending of $306k, leaving 28% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $329k to $427k (+30%), an average of +5.3% a year. The sharpest change came in the year to August 2022, when income dropped by 112%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colonial Players Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Kids Discovery Station ($427k), Plugged in Band Program Inc ($427k) and Folklore Village Farm Inc ($427k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 3.8% and program service revenue 53% of the total. At year end it held assets of $1.8m against liabilities of $66k, net assets of $1.7m.