Coastal Stages Inc

Analysis

Coastal Stages Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 2001, 25 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 December 2023, Coastal Stages Inc reported income of $514k and spending of $448k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $361k to $514k (+42%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 159%. 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, Coastal Stages Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Delaware Shakespeare Festival Inc ($514k), Nichols House Museum Inc ($514k) and Sonoma Plein Air Foundation ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $88k (20% of expenses). Other salaries and wages came to $73k. At year end it held assets of $247k against liabilities of $158k, net assets of $89k. It reported 4 employees.