Stagewest Theater Company

Analysis

Stagewest Theater Company is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 1999, 27 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 2023, Stagewest Theater Company reported income of $302k and spending of $304k, spending 101% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $345k to $302k (-13%), an average of -2.6% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stagewest Theater Company sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Friends of the Weston Community Inc ($302k), Japanese-American Cultural Center of Vista Inc ($302k) and Seguinland Institute ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 37% of the total. Other salaries and wages came to $36k. At year end it held assets of $600k against liabilities of $297k, net assets of $303k. It reported 3 employees.