Fremont Stage 1

Analysis

Fremont Stage 1 is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in March 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fremont Stage 1 reported income of $194k and spending of $169k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $194k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fremont Stage 1 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 55th percentile within CA. Charities of a similar size with the same main cause include Eastern Pa and Delaware Chapter Ofamerican Concrete Institute ($194k), Four Seasons Arts Inc ($194k) and Atlanta Baroque Orchestra Inc ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.