Stages

Analysis

Stages is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1978, 48 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, Stages reported income of $5.2m and spending of $6.5m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $5.2m (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 57%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stages sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include NBCC Foundation Inc ($5.2m), The Laguna Playhouse ($5.2m) and Sifma Foundation for Investor Education Fie Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $346k (5.3% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $32.8m against liabilities of $4.3m, net assets of $28.6m. It reported 182 employees.