Skip to content
Nonprofiteer
← STAGE WEST THEATRE

Form 990 for tax year 2023

Filed by STAGE WEST THEATRE.

Totals

Total revenue
$2,042,732
Total expenses
$2,042,736
Contributions and grants received
$1,104,152
Grants paid
$0
Program service revenue
$697,288
Investment income
$79,286
Other revenue
$162,006
Total assets, end of year
$6,870,485
Total liabilities, end of year
$991,301
Net assets or fund balances, end of year
$5,879,184
Program services expenses (Part IX)
$1,138,519
Management and general expenses
$887,013
Fundraising expenses
$17,204
Program service expenses (Part III)
$1,138,519

Program services were 55.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,104,152

  • 2a · Program service revenue: ADMISSIONS

    total $517,394 · related or exempt $517,394

  • 2b · Program service revenue: CLASSES

    total $179,464 · related or exempt $179,464

  • 2c · Program service revenue: OTHER

    total $430 · related or exempt $430

  • 3 · Investment income

    total $79,286 · excluded $79,286

  • 6a · Gross rents

    real property $33,268

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $33,268

  • 6d · Net rental income or loss

    total $33,268 · related or exempt $33,268

  • 10a · Gross sales of inventory

    $202,805

  • 10b · Cost of goods sold

    $104,414

  • 10c · Net income from sales of inventory

    total $98,391 · related or exempt $98,391

  • 11a · Other revenue: REALIZED GAINS

    total $30,347 · excluded $30,347

  • 11e · Other revenue, total

    $30,347

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $787,654 · program services $280,589 · management and general $507,065

  • 8 · Pension plan contributions

    total $58,302 · program services $34,664 · management and general $23,638

  • 10 · Payroll taxes

    total $67,846 · program services $24,169 · management and general $43,677

  • 11c · Fees: accounting

    total $5,500 · management and general $5,500

  • 11g · Fees: other

    total $197,815 · program services $189,873 · management and general $7,942

  • 12 · Advertising and promotion

    total $86,974 · program services $69,579 · management and general $17,395

  • 15 · Royalties

    total $46,310 · program services $46,310

  • 16 · Occupancy

    total $83,088 · program services $66,470 · management and general $16,618

  • 20 · Interest

    total $33,094 · program services $26,475 · management and general $6,619

  • 22 · Depreciation, depletion and amortization

    total $254,054 · program services $203,243 · management and general $50,811

  • 23 · Insurance

    total $22,670 · management and general $22,670

  • 24a · Other expenses: EDUCATIONAL OUTREACH

    total $77,504 · program services $77,504

  • 24b · Other expenses: MAINTENANCE

    total $74,652 · management and general $74,652

  • 24c · Other expenses: DESIGNER FEES

    total $63,276 · program services $63,276

  • 24d · Other expenses: BANK AND CREDIT CARD FE

    total $47,382 · management and general $47,382

  • 24e · All other expenses

    total $136,615 · program services $56,367 · management and general $63,044 · fundraising $17,204

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $531,910 · end of year $151,769

  • 3 · Pledges and grants receivable

    beginning of year $10,470

  • 4 · Accounts receivable

    beginning of year $3,200

  • 8 · Inventories for sale or use

    beginning of year $3,192 · end of year $5,151

  • 9 · Prepaid expenses and deferred charges

    beginning of year $43,722 · end of year $38,871

  • 10a · Land, buildings and equipment: cost or other basis

    $4,890,386

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,359,830

  • 10c · Land, buildings and equipment, net

    beginning of year $3,735,380 · end of year $3,530,556

  • 12 · Investments: other securities

    beginning of year $2,261,097 · end of year $3,142,493

  • 15 · Other assets

    beginning of year $1,645 · end of year $1,645

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,962 · end of year $3,587

  • 19 · Deferred revenue

    beginning of year $197,585 · end of year $246,938

  • 23 · Secured mortgages and notes payable

    beginning of year $776,023 · end of year $730,776

  • 25 · Other liabilities

    beginning of year $0 · end of year $10,000

  • 27 · Net assets without donor restrictions

    beginning of year $5,245,239 · end of year $5,450,385

  • 28 · Net assets with donor restrictions

    beginning of year $368,807 · end of year $428,799

Mission and programs · 2023

Mission

TO PRODUCE THEATRE THAT ENTERTAINS, ENRICHES AND INSPIRES.

Activities or mission (Part I)

STAGE WEST SERVES THE GREATER FORT WORTH COMMUNITY WITH THEATRE AND LIVE EVENTS THAT ENTERTAIN, PROVOKE, AND INSPIRE. WE STRIVE TO BE AN ESSENTIAL PART OF LIFE IN NORTH TEXAS-RECOGNIZED AS A GREAT PLACE TO WORK, CREATE, AND VISIT-WHILE PRODUCING A BALANCED, REPRESENTATIVE SLATE OF PROGRAMMING AND PLACING THE PATRON AND GUEST-ARTIST EXPERIENCE FIRST.

  • MAINSTAGE ACCOMPLISHMENTS. DURING FY2023-2024, STAGE WEST PRODUCED A FULL MAINSTAGE SEASON INCLUDING A CO-PRODUCTION OF THE MUSICAL ONCE UPON A MATTRESS WITH THEATRE TCU WHICH WAS FOLLOWED BY THE PLAYS POOR CLARE, MARJORIE PRIME, POTUS, SHERLOCK HOLMES AND THE ADVENTURE OF THE ELUSIVE EAR, AND THE IMPORTANCE OF BEING EARNEST. TO MEET DEMAND AND MAXIMIZING REVENUE, WE ADDED AN ADDITIONAL WEEK TO THE RUN OF POTUS. SHERLOCK AND EARNEST BOTH DREW STRONG WORD-OF-MOUTH, AND SOLD OUT HOUSES. EDUCATION & COMMUNITY PROGRAMS. THE YEAR FEATURED THE SUMMER CONSERVATORY WORLD PREMIERE OF THE INCIDENT AT PANTHER HILLS: BIGFOOT RETURNS, DEVISED BY STUDENTS, AND THE EXPANSION OF OUR DESIGN APPRENTICESHIP PROGRAM (DAP), IN-SCHOOL PLAYWRITING WORKSHOPS, AND YOUTH AND ADULT PERFORMANCE CLASSES. THE EMERGING VOICES PIPELINE-NEIGHBORHOOD PLAY CONTEST CULMINATING IN FESTIVAL OF THE KID-BROUGHT DOZENS OF NEW WRITERS TO THE STAGE. A WINTER OPEN HOUSE ACTIVATED NEW ENROLLMENT AND COMMUNITY ENGAGEMENT. OUR MONTHLY FIRST TUESDAYS SERIES OFFERED ACCESSIBLE, HIGH-PARTICIPATION EVENTS (E.G., GARDEN DESIGN, CHAMBER MUSIC COLLABORATIONS, ARTS WORKSHOPS), TYPICALLY DRAWING SEVERAL DOZEN TO 100+ ATTENDEES AND WELCOMING MANY FIRST-TIME VISITORS.DEVELOPMENT & FUNDRAISING. STAGE WEST ADVANCED ITS ANNUAL FUND WITH STRONG INDIVIDUAL GIVING, A SUCCESSFUL NORTH TEXAS GIVING DAY CAMPAIGN, AND A SPRING GALA, ALONGSIDE ONGOING FOUNDATION AND GOVERNMENT SUPPORT. WE EXCEEDED OUR ANNUAL INDIVIDUAL GIVING TARGET AND BROADENED THE BASE OF SUPPORTERS, INCLUDING AN INCREASE IN $1,000+ PATRONS.FACILITIES, OPERATIONS & GOVERNANCE. WE COMPLETED NEEDED FACADE TUCKPOINTING AND CONTINUED INVESTMENTS IN TECHNICAL EQUIPMENT. A SHORT-TERM RESIDENCY EXPERIMENT WITH FOUR DAY WEEKEND HELPED ACTIVATE THE BUILDING AND TEST ADDITIONAL EARNED REVENUE FROM BAR/CONCESSIONS, WITH SOUND-MITIGATION STRATEGIES IN PLACE TO PRESERVE THE PATRON EXPERIENCE. WE STANDARDIZED THE CORPORATE NAME USAGE (RETIRING AN OLDER DBA REFERENCE), INITIATED A BYLAWS REVIEW, AND HIRED SEVEN NEW EMPLOYEES ACROSS PRODUCTION, DEVELOPMENT, FINANCE, AND MARKETING, FLESHING OUT DEPARTMENTS WITH REFINEMENTS TO SOPS AND CROSS-TEAM COORDINATION.ADDITIONAL EXPLANATIONS (FORM 990). THIS NARRATIVE SUPPLEMENTS PARTS I-III AND VI OF FORM 990 BY DESCRIBING MISSION, PROGRAM SERVICE ACCOMPLISHMENTS, AND SIGNIFICANT OPERATIONAL MATTERS UNDERTAKEN DURING THE YEAR. NO CHANGE TO THE ORGANIZATION'S EXEMPT PURPOSE OCCURRED DURING THE PERIOD. FINANCIAL DETAILS SUPPORTING THESE NARRATIVES APPEAR IN THE CORE RETURN AND AUDITED STATEMENTS.

    Expenses $1,138,519 · Revenue $828,947

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nathan Vasseur

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jenn Whitman

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Maggie Knapp

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Thomas McCraw

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Adam Bartell Baggs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shari Barnes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tracy Cliburn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thomas Fairchild

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Yvonne Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dalisa McAnally

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shannnon McGrann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leila Peeples

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paige Kelly Hendricks Russey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cathy Reagan Sheffield

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carol Stanford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Van Anthony Williams Joined April 2

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rick Wittenbraker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paul Sweitzer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Randy Thomson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202502259349301875

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.