Mainstage Center for the Arts Inc

Analysis

Mainstage Center for the Arts Inc is a registered charity in United States, based in Blackwood, NJ. It received its IRS tax-exemption ruling in September 1994, 32 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, Mainstage Center for the Arts Inc reported income of $532k and spending of $604k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $761k to $532k (-30%), an average of -8.6% a year. The sharpest change came in the year to September 2021, when income rose by 83%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mainstage Center for the Arts Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Society for Contemporary Art ($532k), Windham Foundation of New York Inc ($533k) and The Bronx River Art Center Inc ($532k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. Other salaries and wages came to $275k. At year end it held assets of $402k against liabilities of $67k, net assets of $335k. It reported 55 employees.