Charlotte Players Inc

Analysis

Charlotte Players Inc is a registered charity in United States, based in Port Charlotte, FL. It received its IRS tax-exemption ruling in October 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 June 2023, Charlotte Players Inc reported income of $359k and spending of $419k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $354k to $359k (+1.6%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 164%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charlotte Players Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include International Committee for the Preservation of Har Hazeitim Inc ($359k), Artichoke Community Music ($359k) and Lowcountry Foundation for Wounded Military Heros ($359k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $94k (22% of expenses). Other salaries and wages came to $9,191. At year end it held assets of $502k against liabilities of $274k, net assets of $228k. It reported 7 employees.