Players by the Sea Inc

Analysis

Players by the Sea Inc is a registered charity in United States, based in Jax BCH, FL. It received its IRS tax-exemption ruling in December 1972, 54 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 December 2023, Players by the Sea Inc reported income of $492k and spending of $460k, spending 93% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $2.6m to $492k (-81%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Players by the Sea Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Anabaptist Renaissance Consortium ($491k), Cedar Rapids Opera Theatre ($492k) and Olympia Fields Country Club Historic Landmark Preservation Fou ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $104k. At year end it held assets of $516k against liabilities of $423k, net assets of $93k. It reported 4 employees.