Center Stage Theatre Inc
Center Stage Theatre Inc experiences a deficit in 2023 after a strong 2022, maintaining zero officer compensation.
EIN: 205697112 · Shelton, CT · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $646K |
| Total Expenses | $666K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $646,430 |
| Net Assets | $289K |
| Transparency Score | 85/100 |
Is Center Stage Theatre Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center Stage Theatre Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center Stage Theatre Inc
Center Stage Theatre Inc (EIN: 205697112) is a nonprofit organization based in Shelton, CT, classified under NTEE code A650. The organization reported total revenue of $646K and total assets of $511K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center Stage Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center Stage Theatre Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $666K |
| Surplus / Deficit | $-123,904 |
| Total Assets | $479K |
| Total Liabilities | $190K |
| Net Assets | $289K |
| Operating Margin | -22.9% |
| Debt-to-Asset Ratio | 39.7% |
| Months of Reserves | 8.6 months |
Financial Health Grade: B
In 2023, Center Stage Theatre Inc reported a deficit of $124K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 39.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Center Stage Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.5% | +12.2% | -7.4% |
| 2022 | +51.6% | +70.7% | +0.1% |
| 2021 | +38.0% | -2.3% | +106.2% |
| 2020 | -31.8% | -41.0% | +20.9% |
| 2019 | -6.7% | +0.3% | -25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center Stage Theatre Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Center Stage Theatre Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of this size (latest revenue $646,430).
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 Center Stage Theatre Inc's IRS 990 filings:
- Expenses exceeded revenue by over $120,000 in 2023 ($666,017 expenses vs. $542,113 revenue).
- Liabilities reached a high of $190,003 in 2023, indicating increased financial obligations.
Strengths
The following positive indicators were identified for Center Stage Theatre Inc:
- Consistent 0% officer compensation across all filings, demonstrating strong financial efficiency and mission focus.
- Significant long-term asset growth from $148,713 in 2014 to $478,535 in 2023.
- Strong revenue performance in 2022 ($758,624) which significantly exceeded expenses ($593,363).
Frequently Asked Questions about Center Stage Theatre Inc
Is Center Stage Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center Stage Theatre Inc (EIN: 205697112) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Center Stage Theatre Inc spend its money?
Center Stage Theatre Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center Stage Theatre Inc tax-deductible?
Center Stage Theatre Inc is registered as a tax-exempt nonprofit (EIN: 205697112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Center Stage Theatre Inc CEO make?
Center Stage Theatre Inc's highest-compensated officer earns $646,430 annually. The organization reported $646K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Center Stage Theatre Inc's spending goes to programs?
Center Stage Theatre Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center Stage Theatre Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Center Stage Theatre Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center Stage Theatre Inc located?
Center Stage Theatre Inc is headquartered in Shelton, Connecticut and files with the IRS under EIN 205697112. It is classified under NTEE code A650.
How many years of IRS 990 filings does Center Stage Theatre Inc have?
Center Stage Theatre Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $646K in total revenue.
Is Center Stage Theatre Inc financially stable?
While Center Stage Theatre Inc has shown long-term asset growth from $148,713 in 2014 to $478,535 in 2023, the 2023 filing reported expenses ($666,017) significantly exceeding revenue ($542,113), resulting in a deficit. This indicates a need for careful financial management in the short term, despite a strong performance in 2022.
How does Center Stage Theatre Inc manage executive compensation?
Center Stage Theatre Inc consistently reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers. This is an excellent practice for a nonprofit, ensuring funds are directed towards its mission.
What is the trend in Center Stage Theatre Inc's assets and liabilities?
Assets have shown a strong upward trend over the past decade, growing from $148,713 in 2014 to $478,535 in 2023. However, liabilities have also increased, reaching $190,003 in 2023, which is the highest reported in the provided data, suggesting an increase in debt or short-term obligations.
Filing History
IRS 990 filing history for Center Stage Theatre Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Center Stage Theatre Inc's revenue has grown by 71.8%, moving from $315K to $542K. Total assets increased by 490.9% over the same period, from $81K to $479K. Total functional expenses rose by 135.7%, from $283K to $666K. In its most recent filing year (2023), Center Stage Theatre Inc reported a deficit of $124K, with expenses exceeding revenue. The organization holds $190K in liabilities against $479K in assets (debt-to-asset ratio: 39.7%), resulting in net assets of $289K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $666K | $479K | $190K | — | — |
| 2022 | $759K | $593K | $517K | $105K | — | View 990 |
| 2021 | $500K | $348K | $516K | $269K | — | View 990 |
| 2020 | $363K | $356K | $250K | $156K | — | View 990 |
| 2019 | $532K | $603K | $207K | $120K | — | View 990 |
| 2018 | $571K | $602K | $276K | $122K | — | View 990 |
| 2017 | $452K | $454K | $297K | $110K | — | — |
| 2016 | $453K | $424K | $218K | $70K | — | View 990 |
| 2015 | $418K | $408K | $174K | $55K | — | View 990 |
| 2014 | $447K | $401K | $149K | $40K | — | View 990 |
| 2013 | $345K | $350K | $99K | $37K | — | View 990 |
| 2012 | $392K | $379K | $94K | $27K | — | View 990 |
| 2011 | $318K | $313K | $88K | $34K | — | View 990 |
| 2010 | $315K | $283K | $81K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $666K, and assets of $479K (revenue -28.5% year-over-year).
- 2022: Revenue of $759K, expenses of $593K, and assets of $517K (revenue +51.6% year-over-year).
- 2021: Revenue of $500K, expenses of $348K, and assets of $516K (revenue +38.0% year-over-year).
- 2020: Revenue of $363K, expenses of $356K, and assets of $250K (revenue -31.8% year-over-year).
- 2019: Revenue of $532K, expenses of $603K, and assets of $207K (revenue -6.7% year-over-year).
- 2018: Revenue of $571K, expenses of $602K, and assets of $276K (revenue +26.1% year-over-year).
- 2017: Revenue of $452K, expenses of $454K, and assets of $297K (revenue -0.2% year-over-year).
- 2016: Revenue of $453K, expenses of $424K, and assets of $218K (revenue +8.5% year-over-year).
- 2015: Revenue of $418K, expenses of $408K, and assets of $174K (revenue -6.6% year-over-year).
- 2014: Revenue of $447K, expenses of $401K, and assets of $149K (revenue +29.7% year-over-year).
- 2013: Revenue of $345K, expenses of $350K, and assets of $99K (revenue -11.9% year-over-year).
- 2012: Revenue of $392K, expenses of $379K, and assets of $94K (revenue +23.4% year-over-year).
- 2011: Revenue of $318K, expenses of $313K, and assets of $88K (revenue +0.7% year-over-year).
- 2010: Revenue of $315K, expenses of $283K, and assets of $81K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center Stage Theatre Inc:
Data Sources and Methodology
This transparency report for Center Stage Theatre 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.