Centre Stage South Carolina

Analysis

Centre Stage South Carolina is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in November 2010, 16 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 August 2023, Centre Stage South Carolina reported income of $812k and spending of $991k, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.0m to $812k (-21%), an average of -5.6% a year. The sharpest change came in the year to August 2022, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centre Stage South Carolina sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Midwest Center for Investigative Reporting Inc ($812k), Society of California Pioneers ($812k) and Open Source Initiative ($812k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $156k (16% of expenses). At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $548k. It reported 15 employees.