Players Circle Arts Center

Analysis

Players Circle Arts Center is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in July 2019, 7 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 June 2023, Players Circle Arts Center reported income of $771k and spending of $839k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $644k to $771k (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Players Circle Arts Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Dallas Arts District Foundation ($771k), American Association for Aerosol Research Inc ($771k) and Society to Preserve the Millvale Murals of Maxo Vanka ($771k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $166k (20% of expenses). Other salaries and wages came to $57k. At year end it held assets of $282k against liabilities of $355k, net assets of -$72k. It reported 6 employees.