Studio Players Inc

Analysis

Studio Players Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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, Studio Players Inc reported income of $126k and spending of $114k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $127k to $126k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 196%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Studio Players Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within KY. Charities of a similar size with the same main cause include Endowment Fund of Zion Lutheran Church of Portland Oregon ($126k), The America Hjose Hook and Ladder Company No 2 ($126k) and Ontonagon County Historical Society ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 74% of the total. At year end it held assets of $568k against liabilities of $0, net assets of $568k.