Traveling Players Ensemble Inc

Analysis

Traveling Players Ensemble Inc is a registered charity in United States, based in Great Falls, VA. It received its IRS tax-exemption ruling in March 2005, 21 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, Traveling Players Ensemble Inc reported income of $799k and spending of $817k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $456k to $799k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Traveling Players Ensemble Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Drama Studio Inc ($799k), Educational Center for Arts & Science ($800k) and Grand Rapids Art Museum Foundation ($799k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $112k (14% of expenses). Other salaries and wages came to $233k. At year end it held assets of $379k against liabilities of $262k, net assets of $117k. It reported 39 employees.