Play Inc Arts

Analysis

Play Inc Arts is a registered charity in United States, based in Cambridge, MN. It received its IRS tax-exemption ruling in November 2019, 7 years ago. 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 December 2023, Play Inc Arts reported income of $151k and spending of $113k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $74k to $151k (+104%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Play Inc Arts sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Helena Lions Swim Team ($151k), Parent Booster USA Inc ($151k) and Hobson House Association Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $295k against liabilities of $1,990, net assets of $293k.