New Stage Theatre Company Inc

Analysis

New Stage Theatre Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2003, 23 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 June 2023, New Stage Theatre Company Inc reported income of $70k and spending of $68k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $76k to $70k (-7.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 193%. 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, New Stage Theatre Company Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Educational Partnerships Immersive Concerts ($70k), Ocean Springs Education Foundation ($70k) and L C Windmill Inc ($70k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. At year end it held assets of $2,935 against liabilities of $2,141, net assets of $794.