First Stage Inc

Organization Overview

First Stage Inc is located in Mclean, VA. The organization was established in 2008. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, First Stage Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Stage Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, First Stage Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $995.7k during the year ending 06/2022. While expenses have increased by 7.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THEATER PRODUCTIONS WITH AN EMPHASIS ON SUBSTANTIAL TEXTS. IN THE FISCAL YEAR ENDED JUNE 30, 2022, 1ST STAGE PRODUCED LIVE PERFORMANCES AND NUMEROUS ONLINE CLASSES, READINGS, AND RECORDINGS. IN 2016 1ST STAGE WAS HONORED BY THE WALL STREET JOURNAL AS "ONE OF AMERICA'S MOST IMPRESSIVE SMALL REGIONAL COMPANIES", AND TWO OF ITS SHOWS WERE CHOSEN AS THE BEST REGIONAL PRODUCTIONS IN AMERICA. 1ST STAGE HAS ALSO BEEN THE RECIPIENT OF MULTIPLE HELEN HAYES AND BROADWAY WORLD AWARDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THEATER PRODUCTIONS AND TRAINING FOR ACTORS AND TECHNICIANS. IN THE FISCAL YEAR ENDED JUNE 30, 2022, 1ST STAGE PRODUCED LIVE PERFORMANCES AND NUMEROURS ONLINE CLASSES, READINGS AND RECORDINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Wilbern
President
$0
Raymond Saulino
Treasurer
$0
Jacqueline Cookstone
Secretary
$0
Elizabeth Benson
Director
$0
Howard J Forman
Director
$0
Robbie Hayes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $243,629
All other contributions, gifts, grants, and similar amounts not included above$599,541
Noncash contributions included in lines 1a–1f $3,646
Total Revenue from Contributions, Gifts, Grants & Similar$843,170
Total Program Service Revenue$106,566
Investment income $5,402
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,216
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $61,750
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,024,104

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