Port Tobacco Players Inc

Analysis

Port Tobacco Players Inc is a registered charity in United States, based in LA Plata, MD. It received its IRS tax-exemption ruling in November 1981, 45 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 2023, Port Tobacco Players Inc reported income of $351k and spending of $401k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $289k to $351k (+21%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 323%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Tobacco Players Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Centerstage Theatre Arts Conservatory Inc ($351k), Morris Jumel Mansion Inc ($351k) and Garibaldina Society ($351k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. At year end it held assets of $1.3m against liabilities of $484k, net assets of $796k.