Centre Stage Inc

Analysis

Centre Stage Inc is a registered charity in United States, based in Monrovia, CA. It received its IRS tax-exemption ruling in May 2001, 25 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, Centre Stage Inc reported income of $634k and spending of $575k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $634k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centre Stage Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Folsom Symphony Inc ($634k), Actors Theatre of Indiana Inc ($634k) and Swaminarayan Cultural Association Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $171k (30% of expenses). Other salaries and wages came to $150k. At year end it held assets of $110k against liabilities of $14k, net assets of $95k. It reported 20 employees.