Seven Stages Inc

Analysis

Seven Stages Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 1980, 46 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, Seven Stages Inc reported income of $522k and spending of $561k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $472k to $522k (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, Seven Stages Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Whitman Hanson Community Access Corporation ($522k), Stages Chicago ($522k) and Steamboat Art Museum ($522k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $44k (7.9% of expenses). Other salaries and wages came to $168k. At year end it held assets of $1.0m against liabilities of $29k, net assets of $1.0m. It reported 15 employees.