Stage West Theatre

What it reported doing in 2024

Programming: during fy2024-2025, stage west theatre presented its 46th season, consisting of six mainstage productions across approximately 120 performances and employing approximately 180 professional artists, designers, technicians, and other creative professionals.the season opened with heidi schreck's what the constitution means to me, a pulitzer prize finalist and tony award-nominated play exploring the u.s. Constitution through personal storytelling and live debate. The season also included the play that goes wrong, a co-production with watertower theatre; eboni booth's pulitzer prize-winning primary trust; penelope, a musical adaptation inspired by homer's odyssey; sherlock holmes and the adventure of the fallen souffl; and james ijames' pulitzer prize-winning fat ham, a contemporary reimagining of shakespeare's hamlet. Together, the season reflected stage west's commitment to presenting varied professional theatre encompassing contemporary work, comedy, music, new interpretations of classic stories, and works that encourage conversation and reflection.education and artist development: stage west's education programming continued significant growth during fy2024-2025. The organization partnered with 40 institutions, including 19 k-12 schools, and served approximately 1,300 students through in-school programming. Weekly youth and adult education classes served approximately 855 enrollments and operated at approximately 90% capacity, with 36 teaching artists and teaching assistants engaged in programming.in-school playwriting workshops and stage west's playwriting and performance programming provided young people with opportunities to develop and present original work. The annual neighborhood play contest culminated in festival of the kid, where 29 original student plays were brought to the stage.the design apprenticeship program (dap) provided emerging theatre professionals with hands-on experience working alongside professional artists. Ten apprentices participated during the fiscal year, with opportunities expanded to include directing, marketing, and development in addition to theatrical design and production.community engagement: stage west continued its monthly first tuesdays series, providing accessible arts, cultural, educational, and participatory programming outside of the traditional mainstage season. First tuesdays served approximately 638 participants during the fiscal year and provided an additional point of entry to stage west for community members, including first-time visitors.through mainstage productions, school partnerships, education programs, artist development, and community events, stage west continued to fulfill its mission to entertain, provoke, and inspire through theatre and other live events.facilities stewardship: during fy2024-2025, stage west continued to invest in the maintenance and improvement of its facilities and technical infrastructure. Stage west continued to evaluate both immediate and long-term facility needs as part of its responsibility to maintain a safe, functional, and welcoming cultural facility for artists, students, patrons, and the greater fort worth community.form 990 review process: prior to filing, stage west provides the draft form 990 to appropriate organizational leadership and members of the board responsible for financial oversight. The finance committee reviews the return and has the opportunity to raise questions, request clarification, and recommend corrections before filing. The completed form 990 is provided to the board of directors in accordance with the organization's established review process.executive compensation: executive compensation is reviewed through stage west's established governance process. Board members participate in the review and approval process, considering position responsibilities, organizational resources, and relevant compensation information for comparable organizations.

Financial Efficiency

• Mission deployment rate: 61.5%; rating input score 62
• Program expense ratio: 53.9%; rating input score 54
• Fundraising efficiency: $81.12 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

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: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.3%; rating input score 20; 20th percentile among comparable filings
• Total-asset coverage ratio: 3.26; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
• Officer compensation ratio: 6.2%; rating input score 46; 46th percentile among comparable filings

Growth

• Program expense growth: 9.3% per year; rating input score 100; 61st percentile among comparable filings
• Revenue growth: 7.7% per year; rating input score 100; 58th percentile among comparable filings
• Asset growth: 18% per year; rating input score 100; 80th percentile among comparable filings