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Nonprofit · EIN 31-0987123

STUDIO PLAYERS INC

Tax-exempt · LEXINGTON, KY 40555

Financials

$126K$114K2023$141K$116K2024
Revenue Expenses · by fiscal year end
Financials of STUDIO PLAYERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$140,991$116,179$24,812$592,889$0$592,889
June 30, 2024990$125,964$114,002$11,962$568,077$0$568,077
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$27,469
Membership dues
$530
Program service revenue
$100,636
Investment income
$12,886
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,909
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,040
Occupancy
$16,142
Program services (functional)
$116,179

Balance sheet and other

Total assets, start of year
$568,077
Total assets, end of year
$592,889
Total liabilities, end of year
$0
Net assets, end of year
$592,889
Land, buildings and equipment
$200,000
Net assets without donor restrictions
$592,889
Gross receipts
$140,991
Employees
0
Volunteers
50
Year formed
1952
State of legal domicile
KY

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Steve MeadowsSecretary
Officer
5$1,300
Evelyn LearTreasurer
Officer
5$1,000
Gary McCormickTrustee
Trustee or director
3$900
Rob MaddoxTrustee
Trustee or director
3$800
Dane HoslerPresident Elect
Officer
5$470
Ellen HellardTrustee
Trustee or director
3$400
Kat CollinsTrustee
Trustee or director
3$341
Brett ErvinPresident
Officer
5$70
Debbie SharpPast President
Officer
5$0
Robert KinstleTrustee
Trustee or director
5$0
Bob SingletonTrustee
Trustee or director
5$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
Steve MeadowsSecretary
Officer
4$1,150$1,150
Gary McCormickPast President
Officer
2$900$900
Bob SingletonTrustee
Trustee or director
11$829$829
David BratcherTreasurer
Officer
5$800$800
Ellen HellardTrustee
Trustee or director
8$400$400
Kathryn CollinsTrustee
Trustee or director
10$314$314
Brett ErvinPresident Elect
Officer
3$231$231
Debbie SharpPresident
Officer
1$200$200
Evelyn LearTrustee
Trustee or director
6$0$0
Kathryn VelonisTrustee
Trustee or director
7$0$0
Robert KinstleTrustee
Trustee or director
9$0$0

Address and contacts

Address (IRS master file)
PO BOX 54737, LEXINGTON, KY 40555-4737
In care of
% EVELYN LEAR
Principal officer (990 for 2024)
Evelyn Lear, PO BOX 54737, LEXINGTON, KY 405554737
Signed the 990
Evelyn Lear, Treasurer
Phone
(859) 312-4894

Mission

Studio Players Inc. is a non-profit community theatre in Lexington KY. Incorporated in 1952 the organizations mission is to provide the greater Lexington KY area with a wide array of live theatre production that will be enjoyed by a wide array of patrons produced by volunteers.

990 for the year ended June 30, 2025

Program accomplishments

  • Studio Players has one Program Service: to provide quality theatrical performances to our Community at an affordable price-point. Organized in November 1952 the organization has been offering live theatre continuously since January 1953. We currently present 6 shows a year including a 10-minute Play Festival in August that has gained wide popularity. The organization does this with no permanent staff. Board members and other members of the theatre community provide the efforts to keep shows going. Even though our theatre seats only 120 people we still are successful in making a small profit each year. Current ticket prices are only $26 although Season Ticket holders pay a reduced price.
    Expenses $116,179 · revenue $128,105

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-0987123
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
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$592,889
Income (IRS master file)
$140,991

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$140,991$116,179$592,889XML
990June 2024$125,964$114,002$568,077XML
990June 2023$109,665$95,498$552,359IRS
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 31-0987123).

Questions about STUDIO PLAYERS INC

What is the EIN of STUDIO PLAYERS INC?
The employer identification number (EIN) of STUDIO PLAYERS INC is 31-0987123.
Is STUDIO PLAYERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to STUDIO PLAYERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STUDIO 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 STUDIO PLAYERS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STUDIO PLAYERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of STUDIO PLAYERS INC?
The 990 for the year ended June 30, 2025 names Evelyn Lear.
Who are the officers and directors of STUDIO PLAYERS INC?
The 990 for the year ended June 30, 2025 lists 11 people; 8 received compensation from the organization, the highest $1,300 (Steve Meadows, Secretary).
How much revenue does STUDIO PLAYERS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $140,991, expenses of $116,179 and total assets of $592,889 at year end.

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