Hampstead Stage Company Inc
Hampstead Stage Company Inc faces persistent financial deficits and high liabilities relative to its minimal assets.
EIN: 201624533 · Ctr Barnstead, NH · NTEE: A65 · Updated: 2026-03-28
Is Hampstead Stage Company Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hampstead Stage Company Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hampstead Stage Company Inc
Hampstead Stage Company Inc (EIN: 201624533) is a nonprofit organization based in Ctr Barnstead, NH, classified under NTEE code A65. The organization reported total revenue of $179K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hampstead Stage Company 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 Hampstead Stage Company Inc with a Mission Score of 45 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Hampstead Stage Company Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles, which is unusual for an organization with annual expenses often exceeding $200,000.
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 Hampstead Stage Company Inc's IRS 990 filings:
- Persistent operating deficits, with expenses exceeding revenue in multiple recent periods (e.g., $219,895 expenses vs. $179,384 revenue in 201906).
- Extremely low assets ($5,294 in 201906) relative to significant liabilities ($89,078 in 201906), indicating poor financial solvency.
- Negative net assets when considering liabilities, suggesting the organization owes more than it owns.
- Significant year-over-year revenue decline from $308,842 in 201806 to $179,384 in 201906.
Strengths
The following positive indicators were identified for Hampstead Stage Company Inc:
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing administrative overhead at the executive level.
Frequently Asked Questions about Hampstead Stage Company Inc
Is Hampstead Stage Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hampstead Stage Company Inc (EIN: 201624533) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Hampstead Stage Company Inc spend its money?
Hampstead Stage Company Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hampstead Stage Company Inc tax-deductible?
Hampstead Stage Company Inc is registered as a tax-exempt nonprofit (EIN: 201624533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hampstead Stage Company Inc a good charity?
While the organization's mission in performing arts is valuable, its financial health raises significant concerns. Persistent deficits, low assets ($5,294), and high liabilities ($89,078) suggest financial instability, which could impact its ability to sustain programs.
How does Hampstead Stage Company Inc manage its finances given its low assets?
The organization appears to operate with very limited reserves, as evidenced by its low assets ($5,294) and significant liabilities ($89,078). This indicates a 'hand-to-mouth' operational model, heavily reliant on immediate incoming revenue to cover expenses.
What is the trend in Hampstead Stage Company Inc's revenue and expenses?
Revenue has fluctuated, with the latest period (201906) showing a notable drop to $179,384 from $308,842 in 201806. Expenses have consistently been high, often exceeding revenue, leading to recurring deficits, such as the $40,511 deficit in 201906.
Filing History
IRS 990 filing history for Hampstead Stage Company Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2019), Hampstead Stage Company Inc's revenue has declined by 38.9%, moving from $294K to $179K. Total assets decreased by 81.4% over the same period, from $28K to $5K. Total functional expenses fell by 23.9%, from $289K to $220K. In its most recent filing year (2019), Hampstead Stage Company Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $89K in liabilities against $5K in assets (debt-to-asset ratio: 1682.6%), resulting in net assets of $-83,784.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $179K | $220K | $5K | $89K | — | View 990 |
| 2018 | $309K | $287K | $5K | $48K | — | View 990 |
| 2017 | $269K | $297K | $14K | $79K | — | — |
| 2015 | $270K | $253K | $9K | $50K | — | View 990 |
| 2014 | $282K | $253K | $8K | $66K | — | View 990 |
| 2013 | $243K | $245K | $4K | $91K | — | View 990 |
| 2012 | $271K | $304K | $-1,797 | $84K | — | View 990 |
| 2011 | $294K | $289K | $28K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $179K, expenses of $220K, and assets of $5K (revenue -41.9% year-over-year).
- 2018: Revenue of $309K, expenses of $287K, and assets of $5K (revenue +14.9% year-over-year).
- 2017: Revenue of $269K, expenses of $297K, and assets of $14K (revenue -0.4% year-over-year).
- 2015: Revenue of $270K, expenses of $253K, and assets of $9K (revenue -4.4% year-over-year).
- 2014: Revenue of $282K, expenses of $253K, and assets of $8K (revenue +16.0% year-over-year).
- 2013: Revenue of $243K, expenses of $245K, and assets of $4K (revenue -10.3% year-over-year).
- 2012: Revenue of $271K, expenses of $304K, and assets of $-1,797 (revenue -7.7% year-over-year).
- 2011: Revenue of $294K, expenses of $289K, and assets of $28K.
Data Sources and Methodology
This transparency report for Hampstead Stage Company 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.