Gallery Players Inc

Analysis

Gallery Players Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gallery Players Inc reported income of $207k and spending of $185k, spending 89% of its income. Across the 4 years on record, from June 2019 to June 2024, income fell from $214k to $207k (-3.2%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gallery Players Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Restoring Lives International Inc ($207k), The Fuller Center for Housing of Merced County Inc ($207k) and Hot Lunch Service ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 72% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.