Royal Palm Players Inc

Analysis

Royal Palm Players Inc is a registered charity in United States, based in Boca Grande, FL. It received its IRS tax-exemption ruling in September 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Royal Palm Players Inc reported income of $343k and spending of $437k, spending 127% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $513k to $343k (-33%), an average of -12% a year. The sharpest change came in the year to May 2022, when income rose by 184%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Royal Palm Players Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Museum of African American Art ($343k), Matthew Corozine Studio Theatre Inc ($343k) and Kaddatz Galleries ($343k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 59% and program service revenue 35% of the total. Other salaries and wages came to $118k. At year end it held assets of $923k against liabilities of $80k, net assets of $842k. It reported 5 employees.