Vermillion Players Inc

Analysis

Vermillion Players Inc is a registered charity in United States, based in Pontiac, IL. It received its IRS tax-exemption ruling in October 2024, 2 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vermillion Players Inc reported income of $66k and spending of $56k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $71k to $66k (-6.0%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 1398%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vermillion Players Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Spokane Valley Heritage Museum ($66k), Friends of the Morrill Homestead Inc ($66k) and Guild Opera Company Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.