Centerstage Theatre Company

Analysis

Centerstage Theatre Company is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in November 2004, 22 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 August 2023, Centerstage Theatre Company reported income of $382k and spending of $370k, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $264k to $382k (+44%), an average of +9.6% a year. The sharpest change came in the year to August 2022, when income rose by 86%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centerstage Theatre Company sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Miho Belmont International Inc ($382k), Tupelo Press Inc ($382k) and One Columbia for Arts and History ($382k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. Other salaries and wages came to $127k. It paid $807 in professional fundraising fees. At year end it held assets of $213k against liabilities of $75k, net assets of $138k. It reported 2 employees.