Encore Stage & Studio Inc

Analysis

Encore Stage & Studio Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 1975, 51 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 August 2024, Encore Stage & Studio Inc reported income of $1.3m and spending of $1.1m, spending 90% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $922k to $1.3m (+38%), an average of +6.6% a year. The sharpest change came in the year to August 2022, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Encore Stage & Studio Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Tacoma Art Museum Tacoma Wa ($1.3m), Edmonds Center for the Arts ($1.3m) and Arizona Health Information Network Incorporated ($1.3m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $91k (8.0% of expenses). Other salaries and wages came to $373k. At year end it held assets of $1.1m against liabilities of $124k, net assets of $1.0m. It reported 10 employees.