New Stage Performing Arts Center Inc

Nonprofit profile at a glance

EIN
262269658
IRS 990 coverage
2021–2021
Forms available
Form 990 2021, Form 990-EZ 2020, Form 990-N 2016
Location
Great Barrington, MA, USA
Phone
4135282728
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$295,428
Expenses
$242,758
Assets
$74,509
Liabilities
$9,816

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • NICKI WILSON (PRESIDENT)

People named in this filing

  • NICKI WILSON (PRESIDENT)
  • KATHARINE ALLENTUCK (TREASURER)
  • PEGGY REEVES (CLERK)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring new and existing works with inherent social value to the berkshire community and beyond. Whether it be for adult or family, new stage's primary purpose it to present theater that shines a light on thought-provoking topics and leaves the audience a bit wiser for having seen the play.

What it reported doing in 2021

New stage performing arts center inc. Is the fiscal sponsor of the rites of passage project. Rites of passage: 20/20 vision was a live installation-performance honoring the lives of women of color in america that took place in august 2021. Following the event, there was a "walk-through film" of the production which premiered first online in october, and then at the kennedy center in d.c. In november 2021. Nspac's support as fiscal sponsor allowed the rites of passage project to raise the fnds needed for the large-scale event in order to pay for rentals, materials, pay the artists and production team, document the production, and support post-production projects over the coming years.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.8%; rating input score 80
  • Program expense ratio: 97.2%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17.8%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 138.8% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 114.6% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 79.8% of revenue deployed · 97.2% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $236K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 1 filing year from 2021
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.