Possum Point Players Inc

Analysis

Possum Point Players Inc is a registered charity in United States, based in Georgetown, DE. It received its IRS tax-exemption ruling in March 1975, 51 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 December 2023, Possum Point Players Inc reported income of $235k and spending of $228k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $235k (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Possum Point Players Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 52nd percentile within DE. Charities of a similar size with the same main cause include Milton Historical Society ($235k), Ritz Arts ($235k) and Carolyn Glasoe Bailey Foundation ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $32k (14% of expenses). Other salaries and wages came to $25k. It paid $195 in professional fundraising fees. At year end it held assets of $700k against liabilities of $87k, net assets of $613k. It reported 3 employees.