Center Stage Inc

Analysis

Center Stage Inc is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Center Stage Inc reported income of $341k and spending of $213k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $189k to $341k (+81%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center Stage Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MS. Charities of a similar size with the same main cause include Coffey County Historical Society ($341k), Shreveport Multicultural Center Inc ($341k) and Horror Writers Association ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $56k (26% of expenses). At year end it held assets of $332k against liabilities of $97k, net assets of $236k. It reported 2 employees.