Schaumburg on Stage

Analysis

Schaumburg on Stage is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in August 2016, 10 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, Schaumburg on Stage reported income of $242k and spending of $240k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $242k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 66%. 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, Schaumburg on Stage sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Vermillion-On-The-Lake Historic Community Center Charitable TR ($242k), National Center for Jewish Film Inc ($242k) and Swedish Womens Educational Association International Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $55k. At year end it held assets of $356k against liabilities of $314k, net assets of $42k. It reported 5 employees.