Greater Boston Stage Company

Analysis

Greater Boston Stage Company is a registered charity in United States, based in Stoneham, MA. It received its IRS tax-exemption ruling in March 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Greater Boston Stage Company reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.8m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Boston Stage Company sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Interform ($1.8m), Cultural Landscape Foundation ($1.8m) and Sagamore Institute of the Adirondacks Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $125k (6.4% of expenses). Other salaries and wages came to $365k. At year end it held assets of $1.3m against liabilities of $467k, net assets of $794k. It reported 120 employees.