Gloucester Stage Co INC FY2020 filing

Tax-deductible

Gloucester, MA501(c)(3)Arts & CultureEIN 04-2485199Revenue $716K in FY2020

On file with the IRSgloucesterstage.com267 E Main St, 01930-4141 · Gloucester, MATax-exempt since Jul 1973Publicly supported — 509(a)(2)

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The Gloucester Stage mission is to present the highest quality professonal theatrical productions and thus contribute to the cultutal, economic and educational development of cape ann.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$155K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $5K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$155K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $326K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$776K
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
8
of 14 voting members
Looks good: 8 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$716K
Spent
$408K
To programs
72%
Net assets
$611K
By yearFY2020–FY2024
Revenue
$716K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$716K
FY2021$961K
FY2022$1.2M
FY2023$978K
FY2024$1.1M
Expenses
$408K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$408K
FY2021$1.1M
FY2022$1.2M
FY2023$1.1M
FY2024$1.1M
Net assets
$611K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$611K
FY2021$468K
FY2022$402K
FY2023$282K
FY2024$272K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $293K Management & general 28% · $113K Fundraising 5% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

30 people listed on the 990; $155K paid to officers and key staff.

Part VII, Section A · reportable compensation
Manage Director
$77,596Pt VII · Sec A
Manage Director
$77,596Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Christopher Griffith’s $88K as Manage Director is at the 23rd percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christopher Griffith$87,692$120,000$119,039$83,654$77,596

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II12 listed

Programs and updates

Presents professional theater productions to enrich the community culturally and economically.

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Provided by the organization

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4 programs · $579K · in their own filed words · FY2020
01

To offer theatrical programs and produce performances at an affordable price.

$290Kprogram expense
02

To offer theatrical programs and produce performances at an affordable price.

$283Kprogram expense
03

To offer theatrical programs for young children,highschool,college students and college graduates

$3Kprogram expense
04

To offer theatrical programs for young children,highschool,college students and college graduates

$3Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$716K
Ln 12
Gifts and grantsLn 1h$586K
Other incomeLn 4–11$87K
Fees for servicesLn 2g$42K
Money outPt IX
$408K
Ln 25
Programscol B$293K
Managementcol C$113K
Fundraisingcol D$21K
Owns and owesPt X
$611K
net assets · Ln 32
Cash and savingsLn 1–2$201K
Total assetsLn 16$1.4M
LiabilitiesLn 26$776K
PeoplePt VI, VII
30
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$586K
Government grantsLn 1e$162K
Fees for servicesLn 2g$42K
Investment incomeLn 3$75
Other incomeLn 4–11$87K
Total revenueLn 12$716K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$201K
Total assetsLn 16$1.4M
LiabilitiesLn 26$776K
Net assetsLn 32$611K
OperationsPt I, VI
EmployeesI 544
VolunteersI 632
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.1M$1.1M−$1K$272K 990 PDF
FY2023 $978K$1.1M−$121K$282K 990 PDF
FY2022 $1.2M$1.2M−$65K$402K 990 PDF
FY2021 $961K$1.1M−$143K$468K 990 PDF
FY2020 Viewing $716K$408K$308K$611K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (1 part)
Part VI · Governance 8 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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