Manestage Theatre

Analysis

Manestage Theatre is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in May 2021, 5 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 December 2022, Manestage Theatre reported income of $479k and spending of $454k, spending 95% of its income. Across the 6 years on record, from December 2017 to December 2022, income grew from $422k to $479k (+14%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manestage Theatre sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Human Engineering Laboratory Incorporated ($479k), Weidner Center Presents Inc ($480k) and Brevard Cultural Alliance Inc ($479k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 19% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $139k (31% of expenses). At year end it held assets of $512k against liabilities of $244k, net assets of $268k. It reported 4 employees.