Heritage Stage Inc

Analysis

Heritage Stage Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in November 2022, 4 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 December 2023, Heritage Stage Inc reported income of $194k and spending of $50k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $194k (+458%), an average of +458% a year. The sharpest change came in the year to December 2023, when income rose by 458%. Over the whole period it spent 24% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heritage Stage Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Summertrios Incorporated ($194k), Village Fine Arts Association ($194k) and Pegasus Contemporary Ballet ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.