Stage North Theater Company

Analysis

Stage North Theater Company is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in November 2015, 11 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, Stage North Theater Company reported income of $57k and spending of $42k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $57k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stage North Theater Company sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Kansas Teachers Hall of Fame ($57k), DJ Chonz Foundation ($57k) and South Dakota Rock and Roll Music Association ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.