Stage Source Inc

Analysis

Stage Source Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1986, 40 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 September 2023, Stage Source Inc reported income of $88k and spending of $157k, spending 179% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $230k to $88k (-62%), an average of -22% a year. The sharpest change came in the year to September 2023, when income dropped by 76%. 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, Stage Source Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Museum of Contemporary Art Santa Barbara Inc ($88k), Emerson Theater Collaborative Inc ($88k) and Curtains Up Youth Theatre ($88k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 22% of the total. Other salaries and wages came to $56k. At year end it held assets of $240k against liabilities of $3,500, net assets of $236k. It reported 7 employees.