Richmond Triangle Players

Analysis

Richmond Triangle Players is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 1994, 32 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 2023, Richmond Triangle Players reported income of $735k and spending of $757k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $456k to $735k (+61%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Richmond Triangle Players sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Aquila Theatre Company ($735k), Teatro Circulo Ltd ($735k) and Rufus Porter Museum Inc ($735k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $114k (15% of expenses). Other salaries and wages came to $96k. At year end it held assets of $929k against liabilities of $54k, net assets of $875k. It reported 8 employees.