Main Street Players Inc

Analysis

Main Street Players Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in October 1988, 38 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, Main Street Players Inc reported income of $122k and spending of $119k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $102k to $122k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Main Street Players Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Hixon Dance ($122k), Vokes Players Inc ($122k) and Salt and Light Dance Studio ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.