Potomac Playmakers

Analysis

Potomac Playmakers is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in December 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 May 2024, Potomac Playmakers reported income of $105k and spending of $119k, spending 113% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $97k to $105k (+8.0%), an average of +1.9% a year. The sharpest change came in the year to May 2023, when income rose by 71%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Potomac Playmakers sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include The American Spanish Dance Theatre Inc ($105k), Silicon Valley Boychoir ($105k) and Old Field Farms Ltd ($105k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 61% and program service revenue 26% of the total. At year end it held assets of $381k against liabilities of $98k, net assets of $283k.