Stage Source INC EIN 04-2897621

Stage Source INC FY2022 filing

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Connects theatre artists with jobs, productions, and industry training. For fiscal year 2022 it reported $366K in revenue, $319K in expenses, and $294K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Boston, MA
Website
www.stagesource.org
Filings
4 on file (2020–2022)
Revenue
$366KFY2022
Expenses
$319K
Net assets
$294K
People
17
Filings
4
Updates
0
More identity details & actions ⌄
EIN  04-2897621 Public charity (501(c)(3)) Boston, MA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →
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Size
$100K–1M
What they do
Connects theatre artists with jobs, productions, and industry training.
Leadership
Aguillon Michelle · President
Money in and out
$366K revenue, $319K expenses
Bottom line
64% program efficiency
Where the money goes · FY2022
Total revenue
$366K
Pt VIII · Ln 12
Total expenses
$319K
Pt IX · Ln 25
Net assets
$294K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.31 Fundraising $0.05
Program efficiency
64%
of spending reaches programs
Operating runway
16.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$366K
FY2022▲ +56%
Expenses
$319K
FY2022▲ +23%
Total assets
$442K
FY2022▲ +8%
Total liabilities
$148K
FY2022▲ +11%
Total revenue
$366K
Pt VIII · Ln 12
Total expenses
$319K
Pt IX · Ln 25
Net assets
$294K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$442K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $204K of program spending, described in the organization's own filed words · FY2021.
01

Linking Actors with Performances

$204Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStage Source INC
EINHdr · item D04-2897621
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jwww.stagesource.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A33Z)
Ruling yearIRS BMFJun 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Simmons Dawn’s $62K as Executive Director is at the 98th percentile of top reported officer pay among 250 <$100K 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

NameFY2021FY2020
Simmons Dawn$62,400$66,600

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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Statement of Revenue

Part VIII
Contributions & grants$330K · 90%
Program service revenue$32K · 9%
Investment income$3K · 1%
Contributions & grants90%$330K
Program service revenue9%$32K
Investment income1%$3K
— government grantsLn 1e$141K
Total revenueLn 12$366K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.31 Fundraising $0.05
Program services64%$204K
Management & general31%$100K
Fundraising5%$15K
Total functional expensesLn 25$319K

Balance Sheet

Part X · end of year
CashLn 1$294K
Total assetsLn 16$442K
Total liabilitiesLn 26$148K
Total net assetsLn 32$294K
Months of cash on handcomputed11.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $441K · Operating expenses/yr $319K
16.6 months
Where the money goes
Program services
Program services $204K · Total expenses $319K
64%
Management & General
Management & general $100K · Total expenses $319K
31%
Fundraising
Fundraising $15K · Total expenses $319K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $182K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $366K
90%
Government reliance
Government grants $141K · Total revenue $366K
39%
Earned-income share
Program service revenue $32K · Total revenue $366K
9%
Investment reliance
Investment income $3K · Total revenue $366K
+0.9%
Program self-sufficiency
Program service revenue $32K · Total expenses $319K
10%
Growth & trend
Revenue growth (YoY)
This year $366K · Prior year $234K
+56%
Net-asset trend (YoY)
End of year $294K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $366K · Expenses $319K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $442K
Net-asset ratio
Net assets $294K · Total assets $442K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $147K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $442K
33%
People & payroll
Highest Reported Total Compensation
Individual Aguillon Michelle · Reported title President · Highest reported compensation $0 · Total expenses $319K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $189K · Total expenses $319K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 31%
Fundraising cost ratio 5%
Revenue growth 56%
Investment management fee ratio 0.2%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$25

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$88K revenue · ⤓ 990 PDF
FY2022$366K revenue · viewing · ⤓ 990 PDF
FY2021$234K revenue · ⤓ 990 PDF
FY2020$248K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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