Concord Players Inc

Analysis

Concord Players Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in September 1973, 53 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 2024, Concord Players Inc reported income of $275k and spending of $135k, leaving 51% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $122k to $275k (+126%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concord Players Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Franklin Mineral Museum Inc ($275k), Colonial Markets and Colonial Fairs Inc ($275k) and Main Street Portsmouth ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $1,500 (1.1% of expenses). At year end it held assets of $613k against liabilities of $450, net assets of $613k.