Main Stage Inc
Overview
Mission
Educate people in theater
What it reported doing in 2025
To inform, educate, involve, train, assist and workwith children and adults in theater and other artistic endeavors
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 261978247
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Osceola, IN, USA
- Phone
- 5742108829
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 26
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.4%; rating input score 27
- Program expense ratio: 25.4%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.7%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 1.17; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 27.4% of revenue deployed · 25.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $31K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 annual filings from 2014 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Sustainability: Operating margin scored 16/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
Leadership & pay
5 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2025.