Katonah Classic Stage Inc

Analysis

Katonah Classic Stage Inc is a registered charity in United States, based in Somers, NY. It received its IRS tax-exemption ruling in June 2021, 5 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, Katonah Classic Stage Inc reported income of $147k and spending of $168k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $147k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Katonah Classic Stage Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Puget Sound Antique Tractor and Machinery Association ($147k), Chinese Center on Long Island Inc ($147k) and Womans Art Club of Cincinnati Foundation ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $3,180 against liabilities of $22k, net assets of -$19k.