Old Colony Players Inc

Analysis

Old Colony Players Inc is a registered charity in United States, based in Valdese, NC. It received its IRS tax-exemption ruling in October 1988, 38 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, Old Colony Players Inc reported income of $126k and spending of $122k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $126k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old Colony Players Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Mare Island Historic Park Foundatio N ($126k), New Albany Childrens Ballet Theatre ($126k) and Shang Shung Institute of America Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.