Growing Stage Theatre For Young Audiences Inc
Growing Stage Theatre: Strong Assets, Fluctuating Revenue, and High Program Spending
EIN: 222599258 · Netcong, NJ · NTEE: A650 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $851K |
| Program Spending | 85% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Growing Stage Theatre For Young Audiences Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Growing Stage Theatre For Young Audiences Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Growing Stage Theatre For Young Audiences Inc
Growing Stage Theatre For Young Audiences Inc (EIN: 222599258) is a nonprofit organization based in Netcong, NJ, classified under NTEE code A650. The organization reported total revenue of $1.1M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Growing Stage Theatre For Young Audiences Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Growing Stage Theatre For Young Audiences Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $850K |
| Total Expenses | $851K |
| Surplus / Deficit | $-1,071 |
| Total Assets | $2.0M |
| Total Liabilities | $202K |
| Net Assets | $1.8M |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 28.2 months |
Financial Health Grade: B
In 2024, Growing Stage Theatre For Young Audiences Inc reported a deficit of $1K with expenses exceeding revenue, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Growing Stage Theatre For Young Audiences Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.3% | -0.2% | +0.8% |
| 2023 | +4.5% | +15.7% | +1.7% |
| 2022 | -3.8% | +26.6% | -4.3% |
| 2021 | +27.4% | -14.5% | +12.5% |
| 2020 | -22.3% | -7.9% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Growing Stage Theatre For Young Audiences 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: 85%
- fundraising: 5%
According to IRS 990 filings, Growing Stage Theatre For Young Audiences Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the organization's overall expenses suggest a reasonable allocation for salaries given its revenue and asset size.
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.
Strengths
The following positive indicators were identified for Growing Stage Theatre For Young Audiences Inc:
- Consistently strong asset base, exceeding $1.4 million over the past seven years.
- High percentage of spending allocated to programs, indicating a focus on its mission.
- Maintains a healthy cash reserve, with current assets significantly exceeding liabilities.
Frequently Asked Questions about Growing Stage Theatre For Young Audiences Inc
Is Growing Stage Theatre For Young Audiences Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Growing Stage Theatre For Young Audiences Inc (EIN: 222599258) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Growing Stage Theatre For Young Audiences Inc spend its money?
Growing Stage Theatre For Young Audiences Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Growing Stage Theatre For Young Audiences Inc tax-deductible?
Growing Stage Theatre For Young Audiences Inc is registered as a tax-exempt nonprofit (EIN: 222599258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Growing Stage Theatre For Young Audiences Inc's spending goes to programs?
Growing Stage Theatre For Young Audiences Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Growing Stage Theatre For Young Audiences Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Growing Stage Theatre For Young Audiences 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 Growing Stage Theatre For Young Audiences Inc located?
Growing Stage Theatre For Young Audiences Inc is headquartered in Netcong, New Jersey and files with the IRS under EIN 222599258. It is classified under NTEE code A650.
How many years of IRS 990 filings does Growing Stage Theatre For Young Audiences Inc have?
Growing Stage Theatre For Young Audiences Inc has 13 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 $1.1M in total revenue.
What does Growing Stage Theatre For Young Audiences Inc do?
Growing Stage Theatre For Young Audiences Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Netcong, New Jersey. It is classified under NTEE code A650.
How much revenue does Growing Stage Theatre For Young Audiences Inc have?
Growing Stage Theatre For Young Audiences Inc reported total revenue of $1,060,051. Based on 13 IRS 990 filings on record.
What are Growing Stage Theatre For Young Audiences Inc's total assets?
Growing Stage Theatre For Young Audiences Inc holds total assets of $2,253,029 as reported in IRS 990 filings.
Where is Growing Stage Theatre For Young Audiences Inc located?
Growing Stage Theatre For Young Audiences Inc is based in Netcong, New Jersey.
What is Growing Stage Theatre For Young Audiences Inc's EIN?
Growing Stage Theatre For Young Audiences Inc's Employer Identification Number (EIN) is 222599258. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Growing Stage Theatre For Young Audiences Inc?
Growing Stage Theatre For Young Audiences Inc is classified under NTEE code A650 (Arts, Culture & Humanities).
Is Growing Stage Theatre For Young Audiences Inc a registered 501(c)(3)?
Yes, Growing Stage Theatre For Young Audiences Inc is recognized as a tax-exempt organization by the IRS. EIN: 222599258.
Does Growing Stage Theatre For Young Audiences Inc file IRS Form 990?
Yes, Growing Stage Theatre For Young Audiences Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202408.
What was Growing Stage Theatre For Young Audiences Inc's revenue in 2024?
In the 202408 filing period, Growing Stage Theatre For Young Audiences Inc reported total revenue of $849,917, total expenses of $850,988, and net assets of $2,001,011.
Is Growing Stage Theatre For Young Audiences Inc's revenue growing or declining?
Growing Stage Theatre For Young Audiences Inc's revenue is declining. Revenue went from $958,364 (202308) to $849,917 (202408), a -11.3% change. Based on 13 filings on record.
What is Growing Stage Theatre For Young Audiences Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Growing Stage Theatre For Young Audiences Inc covers tax period 202408. It shows revenue of $849,917, expenses of $850,988, total assets of $2,001,011, and liabilities of $201,931.
How much does Growing Stage Theatre For Young Audiences Inc spend on programs vs administration?
Based on IRS 990 analysis, Growing Stage Theatre For Young Audiences Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Growing Stage Theatre For Young Audiences Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Growing Stage Theatre For Young Audiences Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Growing Stage Theatre For Young Audiences Inc's strengths?
Positive indicators for Growing Stage Theatre For Young Audiences Inc include: Consistently strong asset base, exceeding $1.4 million over the past seven years.. High percentage of spending allocated to programs, indicating a focus on its mission.. Maintains a healthy cash reserve, with current assets significantly exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Growing Stage Theatre For Young Audiences Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the organization's overall expenses suggest a reasonable allocation for salaries given its revenue and asset size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to maintain a robust asset base despite fluctuating revenues over the past several years?
The organization has consistently managed its expenses below its revenue in most years, allowing for the accumulation and maintenance of a strong asset base. For example, in 2022, revenue was $916,844 while expenses were $736,528, contributing to asset growth.
What factors contribute to the significant year-over-year fluctuations in revenue, such as the drop from $953,405 in 2021 to $916,844 in 2022, and then to $958,364 in 2023?
While specific factors aren't detailed in the provided data, such fluctuations in revenue for a theatre organization could be attributed to varying attendance for productions, success of fundraising campaigns, grant cycles, or economic impacts affecting donor contributions and ticket sales.
Filing History
IRS 990 filing history for Growing Stage Theatre For Young Audiences Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Growing Stage Theatre For Young Audiences Inc's revenue has grown by 14.7%, moving from $741K to $850K. Total assets increased by 37.9% over the same period, from $1.5M to $2.0M. Total functional expenses rose by 32.5%, from $642K to $851K. In its most recent filing year (2024), Growing Stage Theatre For Young Audiences Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $202K in liabilities against $2.0M in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $850K | $851K | $2.0M | $202K | — | View 990 |
| 2023 | $958K | $852K | $2.0M | $186K | — | View 990 |
| 2022 | $917K | $737K | $2.0M | $260K | — | View 990 |
| 2021 | $953K | $582K | $2.0M | $527K | — | View 990 |
| 2020 | $748K | $681K | $1.8M | $672K | — | View 990 |
| 2019 | $964K | $739K | $1.6M | $567K | — | View 990 |
| 2018 | $698K | $752K | $1.5M | $645K | — | View 990 |
| 2017 | $864K | $762K | $1.6M | $708K | — | View 990 |
| 2016 | $643K | $749K | $1.5M | $659K | — | View 990 |
| 2015 | $699K | $720K | $1.5M | $609K | — | View 990 |
| 2014 | $698K | $726K | $1.4M | $501K | — | View 990 |
| 2013 | $688K | $695K | $1.5M | $520K | — | View 990 |
| 2012 | $741K | $642K | $1.5M | $486K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $850K, expenses of $851K, and assets of $2.0M (revenue -11.3% year-over-year).
- 2023: Revenue of $958K, expenses of $852K, and assets of $2.0M (revenue +4.5% year-over-year).
- 2022: Revenue of $917K, expenses of $737K, and assets of $2.0M (revenue -3.8% year-over-year).
- 2021: Revenue of $953K, expenses of $582K, and assets of $2.0M (revenue +27.4% year-over-year).
- 2020: Revenue of $748K, expenses of $681K, and assets of $1.8M (revenue -22.3% year-over-year).
- 2019: Revenue of $964K, expenses of $739K, and assets of $1.6M (revenue +38.0% year-over-year).
- 2018: Revenue of $698K, expenses of $752K, and assets of $1.5M (revenue -19.2% year-over-year).
- 2017: Revenue of $864K, expenses of $762K, and assets of $1.6M (revenue +34.3% year-over-year).
- 2016: Revenue of $643K, expenses of $749K, and assets of $1.5M (revenue -7.9% year-over-year).
- 2015: Revenue of $699K, expenses of $720K, and assets of $1.5M (revenue +0.1% year-over-year).
- 2014: Revenue of $698K, expenses of $726K, and assets of $1.4M (revenue +1.5% year-over-year).
- 2013: Revenue of $688K, expenses of $695K, and assets of $1.5M (revenue -7.2% year-over-year).
- 2012: Revenue of $741K, expenses of $642K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Growing Stage Theatre For Young Audiences Inc:
Data Sources and Methodology
This transparency report for Growing Stage Theatre For Young Audiences 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.