Speak Easy Stage Inc

Analysis

Speak Easy Stage Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1993, 33 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 June 2023, Speak Easy Stage Inc reported income of $1.7m and spending of $2.0m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.7m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2022, when income rose by 157%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Speak Easy Stage Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Oz Arts Inc ($1.7m), American Friends of Versailles ($1.7m) and Colorado Humanities ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $98k (4.9% of expenses). Other salaries and wages came to $461k. At year end it held assets of $866k against liabilities of $83k, net assets of $783k. It reported 179 employees.