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Florida · Nonprofit

KEY WEST PLAYERS INC

KEY WEST PLAYERS INC (Florida) receives grants from 12 organizations whose IRS filings report $701,101 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($208,800). 10 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.0M
Funders on record
12
Grants received
$701k
Net assets
$611k
10/12 repeat funderspeak grant-dependency 20%
01What it does

What Key West Players Inc does

Mission

To provide theater performances and educational programs for the residents of Key West, the Florida Keys, and for the many visitors to the Keys. Recognized as the Best Professional Theater in Florida for many years. We also ensure maintenance of our historic playhouse.

As stated on its FY2025 Form 990.

Programs

  1. The Waterfront Playhouse presents five main stage shows each season supplemented by a limited run special performances featuring the best professional entertainers in Key West. In addition, the theater supports presentations by visiting shows, special performances by students of the performing arts, and arts education programs for the school children in Key West. The theater supports the local economy not only through the use of local talent and merchants, but also by creating an important venue of cultural tourism in the Keys. Housing for visiting actors was provided by members of the community.

    $859,507 spent$1,043,818 earned by the program
    85% of program spending
  2. Provide stewardship for the historical building that is the Waterfront Playhouse. Includes operations and maintenance as well as capital improvements and equipment acquisition over time.

    $153,392 spent
    15% of program spending
  3. Provide childrens summer theatrical camp and facility use and support for educational summer activities. Program currently on hold.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,012,899.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.1M) Net assets 100 ($1.1M)2018 Revenue 86 ($1.1M) Expenses 101 ($1.1M) Net assets 92 ($975k)2019 Revenue 68 ($836k) Expenses 87 ($963k) Net assets 109 ($1.2M)2020 Revenue 63 ($778k) Expenses 84 ($929k) Net assets 92 ($972k)2021 Revenue 35 ($427k) Expenses 39 ($428k) Net assets 91 ($958k)2022 Revenue 98 ($1.2M) Expenses 97 ($1.1M) Net assets 96 ($1.0M)2023 Revenue 85 ($1.1M) Expenses 115 ($1.3M) Net assets 77 ($813k)2024 Revenue 76 ($936k) Expenses 97 ($1.1M) Net assets 62 ($659k)2025 Revenue 82 ($1.0M) Expenses 96 ($1.1M) Net assets 58 ($611k)
'17'18'19'20'21'22'23'24'25
Revenue (82)Expenses (96)Net assets (58)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.3M to $1.8M (+39%).

$1.1M
$996k
$1.3M
$1.8M
$2.0M
$1.7M
$1.5M
$1.3M
$1.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 13% · 2018 5% · 2019 2% · 2020 6% · 2021 7% · 2022 6% · 2023 12% · 2024 5% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

$120k
’17
−$62k
’18
−$127k
’19
−$151k
’20
−$1k
’21
$131k
’22
−$230k
’23
−$140k
’24
−$49k
’25
0.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed19151516151414715
Joined·+10+0+1+0+0+0+0+8
No longer listed·140011070
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $12k → $72k.

7 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 69% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of KEY WEST PLAYERS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

KEY WEST PLAYERS INC leans on a few funders — its largest provides 30% of grant income and the top three 68%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund KEY WEST PLAYERS INC.

30%
largest funder
68%
top three
~5
effective funders

Largest funder’s share by year: 2017 85% · 2018 62% · 2019 38% · 2020 73% · 2021 36% · 2022 39% · 2023 42% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of KEY WEST PLAYERS INC's funders are still giving 3 years after their first grant; 83% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

69% of KEY WEST PLAYERS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $218k that is directly attributable, 94% of it comes from funders outside Florida, across 4 states.

NY
CA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $483k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding KEY WEST PLAYERS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $169 on record.

State$169
Top programs
  • REFUNDS - GENERAL $169

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like KEY WEST PLAYERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 3%Fundraising 2%

Governance

14
board members
86%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for KEY WEST PLAYERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds KEY WEST PLAYERS INC?
KEY WEST PLAYERS INC (Florida) receives grants from 12 organizations whose IRS filings report $701,101 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($208,800). 10 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does KEY WEST PLAYERS INC have?
IRS filings report 12 organizations giving $701,101 in grants to KEY WEST PLAYERS INC, 10 of which have funded it in more than one year.
Who is the largest funder of KEY WEST PLAYERS INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $208,800 in grants. The full list of funders is on this page.
How can an organization like KEY WEST PLAYERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Key West Players →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing