Backstage Theatre Inc

Analysis

Backstage Theatre Inc is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in September 1976, 50 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 September 2023, Backstage Theatre Inc reported income of $576k and spending of $642k, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $559k to $576k (+3.0%), an average of +0.8% a year. The sharpest change came in the year to September 2020, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Backstage Theatre Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Armenian General Benvolent Union ($576k), Eudora Welty Foundation Inc ($577k) and Culturehub ($576k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 56% of the total. Other salaries and wages came to $169k. At year end it held assets of $262k against liabilities of $153k, net assets of $109k. It reported 3 employees.