Playmakers Inc

Analysis

Playmakers Inc is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in August 2022, 4 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 August 2023, Playmakers Inc reported income of $97k and spending of $64k, leaving 34% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $83k to $97k (+17%), an average of +4.1% a year. The sharpest change came in the year to August 2022, when income rose by 58%. 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, Playmakers Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within LA. Charities of a similar size with the same main cause include Olmos Ensemble ($97k), Grand Rapids Womens Chorus ($97k) and Polish Supplementary School -Polish Falcon Nest 946 ($97k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 65% of the total. At year end it held assets of $162k against liabilities of $39k, net assets of $123k.