Stapleton School of Performing Arts

Analysis

Stapleton School of Performing Arts is a registered charity in United States, based in San Anselmo, CA. It received its IRS tax-exemption ruling in November 1991, 35 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Stapleton School of Performing Arts reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.4m to $1.0m (-26%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stapleton School of Performing Arts sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Lakeshore Players Inc ($1.0m), Taiwanese American Culture Center of East Bay ($1.0m) and Lexicon of Sustainability Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $263k (26% of expenses). Other salaries and wages came to $218k. At year end it held assets of $1.7m against liabilities of $2,748, net assets of $1.7m. It reported 16 employees.