Circle Players

Analysis

Circle Players is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in August 1953, 73 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, Circle Players reported income of $75k and spending of $67k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $121k to $75k (-38%), an average of -38% a year. The sharpest change came in the year to June 2024, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Circle Players sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Patrons of the Arts in the Vatican Museums ($75k), Critical Review Foundation Inc ($75k) and The Secret City Inc ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $7,302 against liabilities of $0, net assets of $7,302.