Next Stage Arts Project Incorporated
- Assets
- $1.6m
- Revenue
- $414.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Putney, VT
- Founding
- 01/2013
- Data as of
- 12/2021
- EIN
- 45-2157212
Organization Overview
Next Stage Arts Project Incorporated is located in Putney, VT. The organization was established in 2013. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Next Stage Arts Project Incorporated employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Stage Arts Project Incorporated 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 12/2021, Next Stage Arts Project Incorporated generated $414.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $367.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEXT STAGE ARTS PROJECT IS A NON-PROFIT ORGANIZATION DEDICATED TO HELPING ART HAPPENTHROUGH THE PROGRAMMING, DEVELOPMENT AND OPERATION OF THE NEXT STAGE THEATER, A NEWLY RENOVATED PERFORMING ARTS FACILITY IN PUTNEY, VERMONT. WE CELEBRATE THE DIVERSITY OF ARTISTIC EXPRESSION BY FOSTERING A COLLABORATIVE ENVIRONMENT FOR AUDIENCES, PERFORMERS, AND COMMUNITY BASED ARTS AND EDUCATIONAL ORGANIZATIONS, AND WE ARE COMMITTED TO ENHANCING THE VILLAGE OF PUTNEY AS A CULTURAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTED OVER 45 CULTURAL EVENTS, INCLUDING MUSIC, THEATER, FILM, SPOKEN WORD, CULINARY CLASSES AND VISUAL ARTS EXHIBITS. FEATURING A RANGE OF LOCAL, NATIONAL AND INTERNATIONAL TALENT. IN RESPONSE TO COVID, NUMEROUS EVENTS WERE PRESENTED VIRTUALLY WIDENING NEXT STAGE'S BASE AUDIENCE.COLLABORATED WITH CULTURAL, EDUCATIONAL AND BUSINESS COUNTERPARTS TO SUPPORT SPECIAL PRESENTATIONS FOR STUDENTS, ELDERS AND THE COMMUNITY AT LARGE.ATTRACTED AUDIENCES FROM A 50+ MILE RADIUS, BRINGING THOUSANDS OF VISITORS TO THE AREA AND SUPPORTING THE LOCAL/REGIONAL ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Stern President | OfficerTrustee | 3 | $0 |
Michael Wells Treasurer | OfficerTrustee | 2 | $0 |
Laura Johnson Frey Acting Sec | OfficerTrustee | 2 | $0 |
Kathleen Mcgraw Vice President | OfficerTrustee | 2 | $0 |
Jan Bouch Director | Trustee | 1 | $0 |
Whit Wheeler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,335 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,786 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,121 |
| Total Program Service Revenue | $121,094 |
| Investment income | $92 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,053 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $414,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,521 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,225 |
| Payroll taxes | $10,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,256 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,883 |
| Advertising and promotion | $0 |
| Office expenses | $6,644 |
| Information technology | $1,769 |
| Royalties | $0 |
| Occupancy | $24,189 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,468 |
| Insurance | $667 |
| All other expenses | $0 |
| Total functional expenses | $367,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $441,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,847 |
| Prepaid expenses and deferred charges | $8,282 |
| Net Land, buildings, and equipment | $1,105,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,558,845 |
| Accounts payable and accrued expenses | $6,376 |
| Grants payable | $0 |
| Deferred revenue | $132,466 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $138,842 |
| Net assets without donor restrictions | $1,420,003 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,558,845 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Next Stage Arts Project Incorporated has recieved totaling $155,542.
| Awarding Organization | Amount |
|---|---|
J M R Barker Foundation Waltham, MA PURPOSE: DEVELOPMENT COORDINATOR POSITION FUNDING | $60,000 |
Bay And Paul Foundations Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
Dew Foundation Tyler, TX PURPOSE: NEXT STAGE ARTS' MULTIDISCIPLINARY ARTIST-IN-RESIENCY PROGRAM | $20,000 |
Vermont Council On The Arts Inc Montpelier, VT PURPOSE: GENERAL PURPOSE | $17,200 |
New England Foundation For The Arts Inc Boston, MA PURPOSE: GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT | $11,920 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $8,580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Lincoln Center Inc New York, NY | $222,896,771 | $27,240,751 |
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |