Players Inc

Analysis

Players Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 1950, 76 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 August 2023, Players Inc reported income of $1.1m and spending of $2.0m, spending 181% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $9.9m to $1.1m (-89%), an average of -42% a year. The sharpest change came in the year to August 2023, when income rose by 123%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Players Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Northwest Florida Ballet Inc ($1.1m), Eugene Science Center Inc ($1.1m) and First Coast Cultural Center Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $108k (5.3% of expenses). Other salaries and wages came to $157k. At year end it held assets of $7.7m against liabilities of $812k, net assets of $6.9m. It reported 24 employees.