Gablestage Inc
- Assets
- $2.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 84
- Location
- Coral Gables, FL
- Founding
- 03/1980
- Data as of
- 06/2024
- EIN
- 59-1972774
Organization Overview
Gablestage Inc is located in Coral Gables, FL. The organization was established in 1980. 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 06/2024, Gablestage Inc employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gablestage 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 06/2024, Gablestage Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $2.4m during the year ending 06/2024. While expenses have increased by 8.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GABLESTAGE IS TO PROVIDE SOUTH FLORIDA AUDIENCES WITH THEATRICAL WORK OF ARTISTIC EXCELLENCE THAT CONFORT TODAY'S ISSUES AND IDEAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAIN OBJECTIVE OF THE THEATRE IS TO PRODUCE THEATRICAL WORKS WITH ARTISTIC EXCELLENCE THAT CONFRONT TODAY'S ISSUES AND IDEAS. GABLESTAGE HAD ITS MOST SUCCESSFUL YEAR TO DATE IN ITS 25-YEAR HISTORY. 5 PRODUCTIONS OCCURRED DURING THE 2023-2024 FISCAL YEAR AND WE ATTRACTED OVER 18,000 PATRONS, SOLD 870 SUBSCRIPTIONS, AND STREAMED 65 TOTAL PERFORMANCES FOR 487 HOUSEHOLDS. WE CONTINUE TO EXPAND THE EDUCATION PROGRAMS OFFERED BY GABLESTAGE (SHAKESPEARE IN THE SCHOOLS, IGNITE PROGRAM, STUDENT MATINEES, DIARY OF A PRODUCTION CLASS, PLAY READINGS, AND PRE/POST SHOW TALKS BEFORE EVERY PERFORMANCE) WHICH IMPACTED OVER 5,000 MIAMI-DADE COUNTY PUBLIC SCHOOL STUDENTS, WITH 10 PROGRAMS, 22 TEACHING ARTISTS, AND DIRECTLY ENGAGE WITH OVER 36 SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bari Newport Prod. Artist | 60 | $130,000 | |
Jeff Potts Managing Dir | Officer | 50 | $0 |
Rosalyn Stuzin Chair | OfficerTrustee | 12 | $0 |
Marc Abrams Vice Chair | OfficerTrustee | 3 | $0 |
George Haj Secretary | OfficerTrustee | 3 | $0 |
Richard Toren Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $180,087 |
| Related organizations | $0 |
| Government grants | $436,584 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,198,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,815,355 |
| Total Program Service Revenue | $570,273 |
| Investment income | $41,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,442,079 |
| 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. | $62,903 |
| Compensation of current officers, directors, key employees. | $21,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,370,328 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $95,396 |
| Payroll taxes | $94,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,555 |
| Advertising and promotion | $121,465 |
| Office expenses | $124,947 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,411 |
| 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 | $17,947 |
| Insurance | $46,901 |
| All other expenses | $0 |
| Total functional expenses | $2,418,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $611,012 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $507,328 |
| Accounts receivable, net | $47,782 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,833 |
| Net Land, buildings, and equipment | $47,750 |
| Investments—publicly traded securities | $805,211 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,998 |
| Total assets | $2,077,914 |
| Accounts payable and accrued expenses | $28,399 |
| Grants payable | $0 |
| Deferred revenue | $446,645 |
| 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 | $41,199 |
| Total liabilities | $516,243 |
| Net assets without donor restrictions | $710,937 |
| Net assets with donor restrictions | $850,734 |
| 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 | $2,077,914 |