Portland Stage Company Inc

Organization Overview

Portland Stage Company Inc is located in Portland, ME. The organization was established in 1975. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Portland Stage Company Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Stage Company Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Portland Stage Company Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENTERTAIN, EDUCATE AND ENGAGE ITS AUDIENCES BY PRODUCING A WIDE RANGE OF ARTISTIC WORKS AND PROGRAMS THAT EXPLORE BASIC HUMAN ISSUES AND CONCERNS RELEVANT TO THE COMMUNITIES SERVED BY THE THEATER. OUR GUIDING PRINCIPLE IS TO PROMOTE CREATIVITY AND DIALOGUE AMONG ARTISTS, STAFF, BOARD MEMBERS AND AUDIENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PORTLAND STAGE IS A HUB OF CREATIVE ACTIVITY CONNECTING OUR COMMUNITY TO OUTSTANDING THEATRICAL EXPERIENCES. THROUGH OUR MAINSTAGE SHOWS, ACCLAIMED NEW WORK INITIATIVES AND EDUCATION PROGRAMS, WE PROVIDE A DIVERSE RANGE OF PRODUCTIONS AND PROGRAMS THAT CHALLENGE THINKING AND PROMOTE EMPATHY, INVESTING IN THE FUTURE OF OUR ART FORM. DURING THE PANDEMIC, WE'VE FOUND SUCCESSFUL METHODS TO CONTINUE CREATING AND CONNECTING WITH OUR AUDIENCE. THE 2021-22 SEASON INCLUDED: EIGHT LIVE MAINSTAGE PRODUCTIONS THAT WERE ALSO AVAILABLE IN A VIRTUAL FORMAT; SEVERAL NEW PLAY DEVELOPMENT READING/WORKSHOPS; AND EDUCATION PROGRAMS ENGAGING NEARLY 4,000 STUDENTS AND OVER 200 TEACHERS. WE BELIEVE THAT THEATER IS ABOUT INCLUSIVITY; IT IS ABOUT OPENING OURSELVES TO SEE THE WORLD FROM ANOTHER PERSON'S PERSPECTIVE; IT IS ABOUT BUILDING COMMUNITY. OUR BOARD AND STAFF ARE CURRENTLY DEVELOPING A NEW STRATEGIC PLAN THAT SUPPORTS OUR GOAL OF INCLUSIVITY AND ANTI-RACISM, IN ADDITION TO WORKING TOWARD THE COMPLETION OF A $6M+ CAPITAL CAMPAIGN FOCUSED ON ACCESSIBILITY AND VISIBILITY.


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Board, Officers & Key Employees

Name (title)Compensation
Anita Stewart
Executive Director
$88,688
Samantha Bowen
VP Development
$0
Darrell Pardy
President
$0
John Leonard
VP Finance
$0
Todd Nicholson
VP Governance
$0
Theresa Mccarthy
VP Idea
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$15,364
Related organizations$0
Government grants $827,951
All other contributions, gifts, grants, and similar amounts not included above$1,273,894
Noncash contributions included in lines 1a–1f $49,749
Total Revenue from Contributions, Gifts, Grants & Similar$2,117,209
Total Program Service Revenue$303,218
Investment income $3,626
Tax Exempt Bond Proceeds $0
Royalties $946
Net Rental Income $110,206
Net Gain/Loss on Asset Sales $21,897
Net Income from Fundraising Events $11,114
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,598,940

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Portland Stage Company Inc has recieved totaling $299,091.

Awarding OrganizationAmount
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Theater, COVID-19 Related Assistance

$114,200
Shubert Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING

$55,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$38,700
Redmond Family Foundation

Cape Elizabeth, ME

PURPOSE: GENERAL SUPPORT

$27,031
Libra Foundation Owen W Wells Trustee

Portland, ME

PURPOSE: GENERAL OPERATING SUPPORT

$20,000
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: GENERAL SUPPORT

$12,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,817,948
Earnings-$359,497
Net Contributions$279,100
Ending Balance$2,737,551

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