Totals
- Total revenue
- $2,587,152
- Total expenses
- $2,685,281
- Contributions and grants received
- $1,271,185
- Grants paid
- $0
- Program service revenue
- $1,029,150
- Investment income
- $224,285
- Other revenue
- $62,532
- Total assets, end of year
- $10,187,772
- Total liabilities, end of year
- $1,487,275
- Net assets or fund balances, end of year
- $8,700,497
- Program services expenses (Part IX)
- $2,054,983
- Management and general expenses
- $462,331
- Fundraising expenses
- $167,967
- Program service expenses (Part III)
- $2,054,983
Program services were 76.5% 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.
-
1e · Government grants (contributions)
$43,575
-
1f · All other contributions, gifts and grants
$1,227,610
-
1g · Noncash contributions included above
$28,468
-
2a · Program service revenue: TICKET REVENUE
total $936,788 · related or exempt $936,788
-
2b · Program service revenue: THEATRE FOR KIDS REVENUE
total $92,362 · related or exempt $92,362
-
3 · Investment income
total $145,511 · excluded $145,511
-
5 · Royalties
total $409 · related or exempt $409
-
6a · Gross rents
real property $130,096
-
6b · Less rental expenses
real property $103,311
-
6c · Rental income or loss
real property $26,785
-
6d · Net rental income or loss
total $26,785 · related or exempt $53,225 · unrelated business -$26,440
-
7a · Gross sales of assets other than inventory
securities $2,294,154
-
7b · Less cost or other basis and sales expenses
securities $2,215,380
-
7c · Gain or loss
securities $78,774
-
7d · Net gain or loss
total $78,774 · excluded $78,774
-
8b · Fundraising events: direct expenses
$86
-
8c · Net income from fundraising events
total -$86 · excluded -$86
-
10a · Gross sales of inventory
$41,065
-
10b · Cost of goods sold
$32,192
-
10c · Net income from sales of inventory
total $8,873 · excluded $8,873
-
11a · Other revenue: PROGRAM ADVERTISING
total $17,500 · unrelated business $17,500
-
11d · All other revenue
total $9,051 · excluded $9,051
-
11e · Other revenue, total
$26,551
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $190,011 · program services $83,483 · management and general $89,157 · fundraising $17,371
-
7 · Other salaries and wages
total $1,114,901 · program services $894,724 · management and general $154,186 · fundraising $65,991
-
8 · Pension plan contributions
total $17,264 · program services $17,264
-
9 · Other employee benefits
total $123,876 · program services $105,256 · management and general $15,312 · fundraising $3,308
-
10 · Payroll taxes
total $100,656 · program services $66,412 · management and general $27,416 · fundraising $6,828
-
11g · Fees: other
total $122,447 · program services $87,278 · management and general $35,169
-
12 · Advertising and promotion
total $201,356 · program services $201,356
-
13 · Office expenses
total $34,251 · program services $532 · management and general $33,719
-
15 · Royalties
total $57,740 · program services $57,740
-
16 · Occupancy
total $167,478 · program services $134,244 · management and general $33,234
-
19 · Conferences, conventions and meetings
total $3,546 · management and general $3,546
-
20 · Interest
total $20,904 · program services $17,768 · management and general $3,136
-
22 · Depreciation, depletion and amortization
total $89,662 · program services $61,717 · management and general $27,945
-
24a · Other expenses: TRAVEL AND HOUSING
total $257,843 · program services $257,843
-
24b · Other expenses: CAMPAIGN EXPENSES
total $65,875 · fundraising $65,875
-
24c · Other expenses: MATERIALS
total $40,011 · program services $40,011
-
24d · Other expenses: LICENSES DUES AND CONFE
total $39,511 · management and general $39,511
-
24e · All other expenses
total $37,949 · program services $29,355 · fundraising $8,594
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $655,103 · end of year $118,566
-
3 · Pledges and grants receivable
beginning of year $256,342 · end of year $100,642
-
9 · Prepaid expenses and deferred charges
beginning of year $38,510 · end of year $66,465
-
10a · Land, buildings and equipment: cost or other basis
$6,602,956
-
10b · Land, buildings and equipment: accumulated depreciation
$2,139,903
-
10c · Land, buildings and equipment, net
beginning of year $1,758,506 · end of year $4,463,053
-
11 · Investments: publicly traded securities
beginning of year $6,018,298 · end of year $4,015,165
-
12 · Investments: other securities
beginning of year $927,385 · end of year $1,013,612
-
15 · Other assets
beginning of year $538,176 · end of year $410,269
-
17 · Accounts payable and accrued expenses
beginning of year $179,773 · end of year $11,605
-
19 · Deferred revenue
beginning of year $296,099 · end of year $377,202
-
23 · Secured mortgages and notes payable
beginning of year $721,255 · end of year $663,718
-
25 · Other liabilities
beginning of year $555,096 · end of year $434,750
-
27 · Net assets without donor restrictions
beginning of year $1,443,877 · end of year $3,757,228
-
28 · Net assets with donor restrictions
beginning of year $6,996,220 · end of year $4,943,269
Mission and programs · 2023
Mission
TO INVEST IN ART, LEARNING, AND CONNECTING DIVERSE COMMUNITIES THROUGH EXCEPTIONAL THEATRICAL PRODUCTIONS AND PROGRAMS THAT CAPTIVATE AND INSPIRE.
-
THE LEADING PROFESSIONAL THEATER IN NORTHERN NEW ENGLAND, PORTLAND STAGE IS COMMITTED TO CREATING GREAT ART, PASSIONATE ABOUT USING THE THEATER TO EDUCATE, AND DEDICATED TO ENRICHING THE COMMUNITY. OVER THE COURSE OF A SEASON, PORTLAND STAGE CREATES OVER 250 LIVE PERFORMANCES AND WELCOMES OVER 40,000 AUDIENCE MEMBERS. OUR EDUCATION PROGRAMS REACH OVER 8,400 STUDENTS AND 340 TEACHERS ACROSS THE STATE OF MAINE, BRINGING DYNAMIC ARTS EDUCATION THAT SUPPORTS LITERACY, SOCIAL-EMOTIONAL SKILLS, AND SELF-EXPRESSION METHODS TO YOUNG LEARNERS. OUR HANDCRAFTED PRODUCTIONS ARE ACCOMPANIED BY TALKBACKS, LITERATURE, Q&A SESSIONS, AND PARTNERSHIPS WITH LOCAL SPECIAL INTEREST GROUPS, ALL OF WHICH HELP US AMPLIFY A DIVERSITY OF VOICES AND BUILD RELATIONSHIPS WITH AND AMONGST OUR COMMUNITY. OUR 51ST SEASON WILL PRESENT ONE SUMMER, ONE WINTER, AND SIX MAINSTAGE PRODUCTIONS OF THE HIGHEST QUALITY, RANGING FROM WELL-KNOWN CLASSICS TO WORLD PREMIERES OF LOCALLY WRITTEN AND INSPIRED WORKS THAT DEAL WITH ISSUES ESPECIALLY RELEVANT TO THOSE FROM ALL PARTS OF MAINE. HAVING JUST FINISHED OUR MAKING AN ENTRANCE CAPITAL CAMPAIGN, A $6 MILLION PROJECT THAT ALLOWED US TO RENOVATE OUR SPACE AND ADD TO OUR ENDOWMENT, PORTLAND STAGE IS DEDICATED THIS SEASON TO USE OUR WELCOMING, ACCESSIBLE SPACE AND VARIED AND FAR-REACHING PROGRAMMING TO INVITE EVERY MEMBER OF OUR COMMUNITY INTO THE THEATER AND ENSURE THEM THAT THE THEATRICAL ARTS EXIST TO SERVE AND UNITE US ALL.
Expenses $2,054,983 · Revenue $1,082,784
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Darrell PardyDARRELL PARDY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Samantha BowenSAMANTHA BOWEN
VP DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 2
-
John LeonardJOHN LEONARD
VP FINANCE
- Total calculated
- $0
- Hours/week
- 2
-
Todd NicholsonTODD NICHOLSON
VP GOVERNANCE
- Total calculated
- $0
- Hours/week
- 2
-
Theresa McCarthyTHERESA MCCARTHY
VP IDEA
- Total calculated
- $0
- Hours/week
- 2
-
Cathy StankardCATHY STANKARD
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Sarah CampbellSARAH CAMPBELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Susan CarterSUSAN CARTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter CloughPETER CLOUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott CowgerSCOTT COWGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Fredric FarberFREDRIC FARBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Margaret GrobanMARGARET GROBAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amanda HannanAMANDA HANNAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Edith Iyer-HernandezEDITH IYER-HERNANDEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John LeonardJOHN LEONARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alisa Conroy MortonALISA CONROY MORTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sara MurphySARA MURPHY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carole Ann PalmerCAROLE ANN PALMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robin TalbotROBIN TALBOT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nelson TonerNELSON TONER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anne WadeANNE WADE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anita StewartANITA STEWART
EXECUTIVE DIRECTOR
- Total calculated
- $111,310
- From this org
- $100,476
- From related orgs
- $0
- Other
- $10,834
- Hours/week
- 40
-
Martin LodishMARTIN LODISH
MANAGING DIRECTOR
- Total calculated
- $78,700
- From this org
- $69,912
- From related orgs
- $0
- Other
- $8,788
- Hours/week
- 40
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
- 7 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500389349301960
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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