Grand Rapids Players Inc

Analysis

Grand Rapids Players Inc is a registered charity in United States, based in Grand Rapids, MN. It received its IRS tax-exemption ruling in July 1967, 59 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 July 2024, Grand Rapids Players Inc reported income of $50k and spending of $50k, spending 99% of its income. Across the 3 years on record, from July 2022 to July 2024, income fell from $81k to $50k (-38%), an average of -22% a year. The sharpest change came in the year to July 2024, when income dropped by 61%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Rapids Players Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Pacific Trails Middle School Music Foundation ($50k), Monroe Cultural & Heritage Museum Inc ($50k) and Cccnj888 Inc ($50k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 36% and program service revenue 54% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.