Mallarme Chamber Players Inc

Analysis

Mallarme Chamber Players Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 1987, 39 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 2024, Mallarme Chamber Players Inc reported income of $250k and spending of $234k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $269k to $250k (-7.3%), an average of -1.5% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mallarme Chamber Players Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Merrick Theatre and Center for the Arts Inc ($250k), Brightside Theatre Inc ($250k) and Jones-Haywood Inc ($250k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $77k (33% of expenses). Other salaries and wages came to $5,175. At year end it held assets of $234k against liabilities of $2,535, net assets of $231k. It reported 2 employees.