Columbia Stage Society

Analysis

Columbia Stage Society is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 1952, 74 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 2022, Columbia Stage Society reported income of $1.4m and spending of $741k, leaving 48% of income unspent that year. Across the 4 years on record, from August 2019 to August 2022, income grew from $770k to $1.4m (+84%), an average of +23% a year. The sharpest change came in the year to August 2022, when income rose by 155%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Stage Society sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Twispworks Foundation ($1.4m), Rootead Enrichment Center ($1.4m) and Design History Foundation Inc ($1.4m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $241k. At year end it held assets of $2.3m against liabilities of $110k, net assets of $2.2m. It reported 19 employees.