Stage West Theatre

Analysis

Stage West Theatre is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 1993, 33 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 September 2023, Stage West Theatre reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.5m to $1.5m (-37%), an average of -11% a year. The sharpest change came in the year to September 2020, when income dropped by 25%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stage West Theatre sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Blowing Rock Art & History Museum Inc ($1.5m), Wilford Woodruff Papers Foundation ($1.5m) and Indian American Muslim Council ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 37% of the total. Other salaries and wages came to $576k. At year end it held assets of $6.6m against liabilities of $977k, net assets of $5.6m. It reported 59 employees.