Cape May Stage Inc
Cape May Stage: Financial Volatility Amidst Consistent Programming
EIN: 222937929 · Cape May, NJ · NTEE: A65 · Updated: 2026-04-04
About Cape May Stage Inc
Cape May Stage Inc (EIN: 222937929) is a nonprofit organization based in Cape May, NJ, classified under NTEE code A65. The organization reported total revenue of $1.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape May Stage Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cape May Stage Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Cape May Stage Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, with 'c0%' consistently noted for compensation to officers, directors, trustees, and key employees, suggesting a volunteer-based leadership or compensation handled through other entities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cape May Stage Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, with a drop from $1,614,117 in 2021 to $552,764 in 2022, and then a rebound to $841,626 in 2023, could impact long-term financial stability.
- The consistent reporting of 0% compensation for key personnel might obscure how leadership is compensated or if there are related-party transactions for services.
Strengths
The following positive indicators were identified for Cape May Stage Inc:
- Consistent programming and mission delivery despite revenue fluctuations, as evidenced by ongoing expenses.
- Healthy asset base, with total assets consistently over $1.8 million in recent years, providing a buffer against financial shocks.
- Low liability levels relative to assets, indicating good financial health and limited debt burden.
Frequently Asked Questions about Cape May Stage Inc
What does Cape May Stage Inc do?
Cape May Stage Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Cape May, New Jersey. It is classified under NTEE code A65.
How much revenue does Cape May Stage Inc have?
Cape May Stage Inc reported total revenue of $1,225,537. Based on 13 IRS 990 filings on record.
What are Cape May Stage Inc's total assets?
Cape May Stage Inc holds total assets of $2,139,976 as reported in IRS 990 filings.
Where is Cape May Stage Inc located?
Cape May Stage Inc is based in Cape May, New Jersey.
What is Cape May Stage Inc's EIN?
Cape May Stage Inc's Employer Identification Number (EIN) is 222937929. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cape May Stage Inc?
Cape May Stage Inc is classified under NTEE code A65 (Arts, Culture & Humanities).
Is Cape May Stage Inc a registered 501(c)(3)?
Yes, Cape May Stage Inc is recognized as a tax-exempt organization by the IRS. EIN: 222937929.
Does Cape May Stage Inc file IRS Form 990?
Yes, Cape May Stage Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cape May Stage Inc's revenue in 2023?
In the 202312 filing period, Cape May Stage Inc reported total revenue of $841,626, total expenses of $911,477, and net assets of $1,812,652.
Is Cape May Stage Inc's revenue growing or declining?
Cape May Stage Inc's revenue is growing. Revenue went from $552,764 (202212) to $841,626 (202312), a +52.3% change. Based on 13 filings on record.
What is Cape May Stage Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cape May Stage Inc covers tax period 202312. It shows revenue of $841,626, expenses of $911,477, total assets of $1,812,652, and liabilities of $508,879.
How much does Cape May Stage Inc spend on programs vs administration?
Based on IRS 990 analysis, Cape May Stage Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Cape May Stage Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cape May Stage Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Cape May Stage Inc?
The following concerns were identified: Significant year-over-year revenue volatility, with a drop from $1,614,117 in 2021 to $552,764 in 2022, and then a rebound to $841,626 in 2023, could impact long-term financial stability.. The consistent reporting of 0% compensation for key personnel might obscure how leadership is compensated or if there are related-party transactions for services.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cape May Stage Inc's strengths?
Positive indicators for Cape May Stage Inc include: Consistent programming and mission delivery despite revenue fluctuations, as evidenced by ongoing expenses.. Healthy asset base, with total assets consistently over $1.8 million in recent years, providing a buffer against financial shocks.. Low liability levels relative to assets, indicating good financial health and limited debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Cape May Stage Inc compensate executives?
Executive compensation is not reported in the provided filings, with 'c0%' consistently noted for compensation to officers, directors, trustees, and key employees, suggesting a volunteer-based leadership or compensation handled through other entities. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for executive compensation, how does Cape May Stage Inc. attract and retain leadership and key talent, and what is the underlying compensation structure?
The consistent reporting of 0% compensation suggests that leadership may be entirely volunteer-based, compensated through a separate entity, or that key roles are filled by individuals whose compensation is not directly reported on the public filings in this section. Further investigation into their operational model would be needed to understand this structure.
What factors contributed to the dramatic revenue increase in 2021 ($1,614,117) and subsequent decrease in 2022 ($552,764)?
The significant revenue spike in 2021 could be attributed to a major fundraising campaign, a large one-time grant, or a strong post-pandemic return to live performances. The subsequent drop in 2022 suggests these factors may not have been sustained or new challenges emerged. Understanding these specific events is crucial for assessing future financial predictability.
Filing History
IRS 990 filing history for Cape May Stage Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Cape May Stage Inc's revenue has grown by 15.8%, moving from $727K to $842K. Total assets increased by 34.6% over the same period, from $1.3M to $1.8M. Total functional expenses rose by 42.6%, from $639K to $911K. In its most recent filing year (2023), Cape May Stage Inc reported a deficit of $70K, with expenses exceeding revenue. The organization holds $509K in liabilities against $1.8M in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $842K | $911K | $1.8M | $509K | — | View 990 |
| 2022 | $553K | $973K | $1.9M | $472K | — | View 990 |
| 2021 | $1.6M | $761K | $2.4M | $509K | — | View 990 |
| 2020 | $414K | $438K | $1.5M | $485K | — | View 990 |
| 2019 | $876K | $974K | $1.4M | $325K | — | View 990 |
| 2018 | $953K | $1.1M | $1.5M | $362K | — | View 990 |
| 2017 | $993K | $954K | $1.6M | $361K | — | — |
| 2016 | $812K | $861K | $1.6M | $402K | — | View 990 |
| 2015 | $822K | $787K | $1.6M | $383K | — | View 990 |
| 2014 | $859K | $998K | $1.7M | $433K | — | View 990 |
| 2013 | $786K | $857K | $1.4M | $87K | — | View 990 |
| 2013 | $834K | $708K | $1.5M | $58K | — | View 990 |
| 2012 | $727K | $639K | $1.3M | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $842K, expenses of $911K, and assets of $1.8M (revenue +52.3% year-over-year).
- 2022: Revenue of $553K, expenses of $973K, and assets of $1.9M (revenue -65.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $761K, and assets of $2.4M (revenue +289.5% year-over-year).
- 2020: Revenue of $414K, expenses of $438K, and assets of $1.5M (revenue -52.7% year-over-year).
- 2019: Revenue of $876K, expenses of $974K, and assets of $1.4M (revenue -8.1% year-over-year).
- 2018: Revenue of $953K, expenses of $1.1M, and assets of $1.5M (revenue -4.0% year-over-year).
- 2017: Revenue of $993K, expenses of $954K, and assets of $1.6M (revenue +22.3% year-over-year).
- 2016: Revenue of $812K, expenses of $861K, and assets of $1.6M (revenue -1.2% year-over-year).
- 2015: Revenue of $822K, expenses of $787K, and assets of $1.6M (revenue -4.3% year-over-year).
- 2014: Revenue of $859K, expenses of $998K, and assets of $1.7M (revenue +9.3% year-over-year).
- 2013: Revenue of $786K, expenses of $857K, and assets of $1.4M (revenue -5.8% year-over-year).
- 2013: Revenue of $834K, expenses of $708K, and assets of $1.5M (revenue +14.8% year-over-year).
- 2012: Revenue of $727K, expenses of $639K, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Cape May Stage Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.