The American Stage Company Inc

Analysis

The American Stage Company Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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, The American Stage Company Inc reported income of $3.1m and spending of $3.6m, spending 117% of what it took in. Across the 6 years on record, from July 2019 to August 2023, income fell from $3.7m to $3.1m (-16%), an average of -3.5% a year. The sharpest change came in the year to August 2020, when income rose by 4793%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The American Stage Company Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Boys & Girls Club of Collin County ($3.1m), Hospice of Santa Barbara Inc ($3.1m) and Allegany Council on Alcoholism and Substance Abuse Inc ($3.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $130k (3.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.6m against liabilities of $439k, net assets of $5.2m. It reported 115 employees.