The Naples Players Inc

Analysis

The Naples Players Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in October 1959, 67 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, The Naples Players Inc reported income of $4.0m and spending of $2.9m, leaving 27% of income unspent that year. Across the 5 years on record, from April 2020 to December 2023, income grew from $3.7m to $4.0m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to April 2022, when income rose by 266%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Naples Players Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Mount Baker Theatre ($4.0m), Goggle Works ($4.0m) and Cedar Valley Seminary Foundation Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $215k (7.5% of expenses). Other salaries and wages came to $962k. At year end it held assets of $28.8m against liabilities of $5.3m, net assets of $23.5m. It reported 37 employees.