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Nonprofit · EIN 59-0711182

PLAYERS INC

Tax-exempt · SARASOTA, FL 34236

Financials

$866K$2.5M2024
Revenue Expenses · by fiscal year end
Financials of PLAYERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$866,181$2,504,419-$1,638,238$4,730,697$741,533$3,989,164
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$126,657
of which government grants
$43,852
Program service revenue
$521,860
Investment income
$173,206
Net rental income
$18,400
Net gain from sales of assets
$5,969
Net income from fundraising events
$17,675
Other revenue
$44,458

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$408,977
Professional fundraising fees
$0
Occupancy
$163,297
Depreciation
$84,998
Program services (functional)
$1,210,958
Management and general (functional)
$1,189,170
Fundraising (functional)
$104,291

Balance sheet and other

Total assets, start of year
$6,388,208
Total assets, end of year
$4,730,697
Total liabilities, end of year
$741,533
Net assets, end of year
$3,989,164
Land, buildings and equipment
$1,269,044
Net assets without donor restrictions
$3,361,881
Net assets with donor restrictions
$627,283
Gross receipts
$867,383
Employees
0
Volunteers
0
Year formed
1989
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM SKAGGSCEO
Officer
40$102,375
BILL PORTERCHAIRMAN
Trustee or director, Officer
15$0
BILL RUSLINGVICE CHAIR
Trustee or director, Officer
5$0
DAVID SANDERSSECRETARY/TREASURER
Trustee or director, Officer
5$0
JOEY SCHEERLEBOARD TRUSTEE
Trustee or director
2$0
LEIGH TESARBOARD TRUSTEE
Trustee or director
2$0
MICHAEL TESARBOARD TRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1400 BLVD OF THE ARTS STE 200 # 20, SARASOTA, FL 34236-2915
Principal officer (990 for 2024)
WILLIAM SKAGGS, 1400 BLVD OF THE ARTS SUITE 200, SARASOTA, FL 34236
Signed the 990
WILLIAM SKAGGS, CEO
Phone
(941) 365-2494
Return prepared by
CAVANAUGH & CO LLP

Mission

THE PLAYERS THEATRE'S MISSION IS TO ENTERTAIN, EDUCATE, AND ENGAGE THE COMMUNITY IN HIGH QUALITY LIVE THEATRE.

990 for the year ended August 31, 2025

Program accomplishments

  • 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.
    Expenses $1,210,958 · revenue $554,612
  • 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
59-0711182
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1950
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,730,697
Income (IRS master file)
$867,383

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025–––IRS
990August 2024–––IRS
990August 2023$1,128,926$2,043,082$7,721,762IRS
990August 2022$505,336$1,673,294$8,019,574IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about PLAYERS INC

What is the EIN of PLAYERS INC?
The employer identification number (EIN) of PLAYERS INC is 59-0711182.
Is PLAYERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
Are donations to PLAYERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PLAYERS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PLAYERS INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PLAYERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of PLAYERS INC?
The 990 for the year ended August 31, 2025 names WILLIAM SKAGGS.
Who are the officers and directors of PLAYERS INC?
The 990 for the year ended August 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $102,375 (WILLIAM SKAGGS, CEO).
How much revenue does PLAYERS INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $866,181, expenses of $2,504,419 and total assets of $4,730,697 at year end.

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