Stagebridge

Analysis

Stagebridge is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 1983, 43 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 June 2022, Stagebridge reported income of $341k and spending of $468k, spending 137% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $505k to $341k (-32%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 58%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stagebridge sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Teton Arts Council ($341k), Summer Solstice Celebration Inc ($341k) and Massachusetts Design Art & Technology Institute Inc ($341k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $103k (22% of expenses). Other salaries and wages came to $235k. At year end it held assets of $23k against liabilities of $19k, net assets of $4,288. It reported 31 employees.