Players Inc is located in Sarasota, FL. The organization was established in 1950. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Players Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Players Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Players Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.3m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PLAYERS THEATRE'S MISSION IS TO ENTERTAIN, EDUCATE, AND ENGAGE THE COMMUNITY IN HIGH QUALITY LIVE THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SARASOTA'S FIRST AND OLDEST PERFORMING ARTS ORGANIZATION, SECOND OLDEST IN THE STATE OF FLORIDA, BEGAN IN 1930, IN THE MIDST OF THE GREAT DEPRESSION, WITH A SEASON OF ONE-ACT PLAYS. TWO HUNDRED AND EIGHTY-ONE MEMBERS/PATRONS EACH PAID A TWO-DOLLAR SUBSCRIPTION FEE FOR THE SERIES.THE PLAYERS FIRST PERMANENT HOME WAS BUILT OF NATIVE PECKY CYPRESS IN 1936. THE ORIGINAL THEATRE SEATED TWO HUNDRED FORTY SIX AND COST JUST OVER $9,000. THE PECKY CYPRESS BUILDING WAS TORN DOWN TO MAKE ROOM FOR THE NEXT THEATRE ON NORTH TAMIAMI TRAIL, WHICH OPENED IN JANUARY 1974, SEATING FOUR HUNDRED NINETY SEVEN. THAT FACILITY WAS SOLD IN 2018 AND VACATED IN OCTOBER 2020 AT THE HEIGHT OF CLOSURES RELATED TO THE COVID-19 PANDEMIC. THE PLAYERS PERFORMED IN VARIOUS INDOOR AND OUTDOOR VENUES UNTIL OPENING AN INDOOR VENUE OF ITS OWN AGAIN IN DECEMBER 2021 AT 3501 S. TAMIAMI TRAIL IN THE CROSSINGS AT SIESTA KEY.THE PLAYERS THEATRE HAS ACHIEVED A REPUTATION FOR QUALITY PRODUCTIONS AND FOR CREATING PROGRAMMING THAT ENTERTAINS, EDUCATES, AND ENLIGHTENS. THE THEATRE SERVES A DIVERSE AUDIENCE WITH MEMORABLE AND MEANINGFUL YEAR-ROUND PERFORMING ARTS THAT INCLUDES THE BROADWAY THEATRE SERIES, THE SNAP (SOMETHING NEW AT PLAYERS) SERIES, THE SUMMER SIZZLER SERIES, THE PLAYERS PLAYWRITING FESTIVAL, CONCERTS, AND COMMUNITY PARTNERSHIPS.THE PLAYERS STRIVES TO ACHIEVE THE HIGHEST POSSIBLE ARTISTIC QUALITY IN THE CONTEXT OF A VOLUNTEER BASED THEATRE. ARTISTIC LEADERSHIP FROM SOME OF THE AREA'S BEST PROFESSIONAL DIRECTORS, MUSIC DIRECTORS, CHOREOGRAPHERS, SET, LIGHTING AND COSTUME DESIGNERS, CREATE AN ENVIRONMENT THAT CHALLENGES EVERYONE TO ACHIEVE HIGH ARTISTIC STANDARDS.THE PLAYERS MAINTAINS AFFORDABLE TICKET PRICES, FROM $5 TO $35, ENSURING THE EXPERIENCE OF LIVE THEATRE IS AVAILABLE TO AS MANY PEOPLE AS POSSIBLE. THE PLAYERS ALSO PROVIDES OVER THIRTY-FIVE HUNDRED COMPLIMENTARY TICKETS TO LOCAL COMMUNITY SERVICE AGENCIES EACH YEAR THROUGH ITS CHARITY PREVIEW PERFORMANCE PROGRAM.
THE PLAYERS PERFORMING ARTS STUDIO OPENED IN 1995 AND IS THE EDUCATIONAL ARM OF THE PLAYERS THEATRE. IT IS A REPUTABLE PERFORMING ARTS STUDIO AND VITAL FEEDER TO THE PLAYERS THEATRE FOR ACTORS. THE STUDIO OFFERS CLASSES FOR STUDENTS AGE THREE AND OLDER. CLASSES INCLUDE THE STUDY OF ACTING, SINGING AND DANCE. AT THE ADVANCED LEVEL, CROSSOVER SKILLS ARE EMPHASIZED. THERE ARE TWENTY-NINE CLASSES OFFERED EACH WEEK, SPECIALTY WORKSHOPS, AND AN EIGHT-WEEK INTENSIVE SUMMER CAMP FOR CHILDREN AGES SEVEN TO SEVENTEEN. IN ADDITION TO CLASSES, THERE ARE THREE COMMUNITY OUTREACH ELEMENTS OF THE STUDIO: THE PLAYERS KIDS; AND THE SARASOTA PLAYERS FOLLIES, A FIFTY-FIVE AND OLDER TRAVELLING PERFORMING TROUPE. OVER THREE HUNDRED STUDENTS BENEFIT FROM CLASSES AT THE STUDIO ANNUALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Skaggs CEO | Officer | 40 | $23,077 |
Bill Porter Vice Chair | OfficerTrustee | 3 | $0 |
Joe Kaminsky Treasurer | OfficerTrustee | 3 | $0 |
Donna Defant Chair | OfficerTrustee | 10 | $0 |
Sarah Glendening Secretary | OfficerTrustee | 3 | $0 |
Tom Tollette Board Trustee | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $962,247 |
All other contributions, gifts, grants, and similar amounts not included above | $192,704 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,154,951 |
Total Program Service Revenue | $152,163 |
Investment income | $55,929 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,285 |
Net Gain/Loss on Asset Sales | -$36,768 |
Net Income from Fundraising Events | $1,379 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $561 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,345,988 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $88,418 |
Compensation of current officers, directors, key employees. | $32,173 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $509,652 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $80,159 |
Payroll taxes | $40,748 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,077 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $56,362 |
Advertising and promotion | $57,672 |
Office expenses | $97,073 |
Information technology | $6,533 |
Royalties | $0 |
Occupancy | $119,646 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,093 |
Insurance | $0 |
All other expenses | $5,742 |
Total functional expenses | $1,289,201 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $316,679 |
Savings and temporary cash investments | $802,785 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $52,114 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $120,401 |
Net Land, buildings, and equipment | $1,804,029 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,249,843 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,345,851 |
Accounts payable and accrued expenses | $24,494 |
Grants payable | $0 |
Deferred revenue | $160,562 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $133,748 |
Total liabilities | $318,804 |
Net assets without donor restrictions | $8,503,867 |
Net assets with donor restrictions | $523,180 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,345,851 |
Over the last fiscal year, we have identified 4 grants that Players Inc has recieved totaling $86,572.
Awarding Organization | Amount |
---|---|
Womans Exchange Inc Of Sarasota Sarasota, FL | | $40,000 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $24,372 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS & CULTURE | $22,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $200 |
Organization Name | Assets | Revenue |
---|---|---|
Asolo Theater Inc Sarasota, FL | $39,065,744 | $11,173,577 |
Riverside Theatre Inc Vero Beach, FL | $44,506,198 | $8,851,736 |
Florida Studio Theatre Inc Sarasota, FL | $37,267,894 | $9,853,127 |
Venice Theatre Inc Venice, FL | $7,118,612 | $5,710,001 |
The Naples Players Inc Naples, FL | $22,577,856 | $12,453,721 |
Aurora Theatre Inc Lawrenceville, GA | $10,092,561 | $4,172,461 |
Actors Playhouse Productions Inc Coral Gables, FL | $3,896,011 | $4,416,783 |
Orlando Shakespeare Theater Inc Orlando, FL | $6,529,809 | $4,359,887 |
Tampa Theatre Inc Tampa, FL | $11,330,345 | $3,845,345 |
Alabama Shakespeare Festival Inc Montgomery, AL | $8,144,651 | $3,904,984 |
Orlando Repertory Theatre Inc Orlando, FL | $2,714,960 | $3,553,699 |
Gulfshore Playhouse Inc Naples, FL | $41,093,370 | $22,898,859 |