Gablestage Inc
- Assets
- $947.0k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Miami, FL
- Founding
- 03/1980
- Data as of
- 06/2022
- EIN
- 59-1972774
Organization Overview
Gablestage Inc is located in Miami, 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 06/2022, Gablestage Inc employed 31 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 06/2022, Gablestage Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 7.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GABLESTAGE IS TO PROVIDE SOUTH FLORIDA AUDIENCES WITH THEATRICAL WORKS OF ARTISTIC EXCELLENCE THAT CONFRONT 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 CONFRONTS TODAY'S ISSUES AND IDEAS. GABLESTAGE REOPENED IN NOVEMBER 2021 WITH A SEASON OF SIX PRODUCTIONS AND THE SHAKESPEARE IN THE SCHOOL TOUR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bari Newport Producing Ar | 60 | $120,000 | |
David A Coulson Vice-Preside | OfficerTrustee | 1 | $0 |
Richard Jacobs Secretary | OfficerTrustee | 6 | $0 |
Rosalyn Stuzin President | OfficerTrustee | 12 | $0 |
Richard Toren Treasurer | OfficerTrustee | 1 | $0 |
Mitchell Bierman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $90,900 |
| Related organizations | $0 |
| Government grants | $780,775 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,051,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,923,215 |
| Total Program Service Revenue | $402,363 |
| Investment income | $4,441 |
| 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 | $2,334,223 |
| 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 | $1,156,352 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $86,193 |
| Payroll taxes | $82,388 |
| 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 | $52,391 |
| Advertising and promotion | $184,512 |
| Office expenses | $102,146 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,279 |
| Travel | $19,067 |
| 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 | $8,425 |
| Insurance | $31,989 |
| All other expenses | $15,661 |
| Total functional expenses | $2,238,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $673,827 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $90,000 |
| Accounts receivable, net | $61,599 |
| 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 | $62,791 |
| Net Land, buildings, and equipment | $44,796 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,990 |
| Total assets | $947,003 |
| Accounts payable and accrued expenses | $24,137 |
| Grants payable | $0 |
| Deferred revenue | $105,303 |
| 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 | $27,268 |
| Total liabilities | $156,708 |
| Net assets without donor restrictions | $618,357 |
| Net assets with donor restrictions | $171,938 |
| 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 | $947,003 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Gablestage Inc has recieved totaling $158,475.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $76,000 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $51,800 |
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $10,675 |
Fifty Over Fifty Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $10,000 |
Fifty Over Fifty Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asolo Theater Inc Sarasota, FL | $39,065,744 | $11,173,577 |
Riverside Theatre Inc Vero Beach, FL | $44,506,198 | $8,851,736 |
Florida Studio Theatre Inc Sarasota, FL | $37,267,894 | $9,853,127 |
Venice Theatre Inc Venice, FL | $7,118,612 | $5,710,001 |
The Naples Players Inc Naples, FL | $22,577,856 | $12,453,721 |
Aurora Theatre Inc Lawrenceville, GA | $10,092,561 | $4,172,461 |
Actors Playhouse Productions Inc Coral Gables, FL | $3,896,011 | $4,416,783 |
Orlando Shakespeare Theater Inc Orlando, FL | $6,529,809 | $4,359,887 |
Tampa Theatre Inc Tampa, FL | $11,330,345 | $3,845,345 |
Alabama Shakespeare Festival Inc Montgomery, AL | $8,144,651 | $3,904,984 |
Orlando Repertory Theatre Inc Orlando, FL | $2,714,960 | $3,553,699 |
Gulfshore Playhouse Inc Naples, FL | $41,093,370 | $22,898,859 |