Triad Stage Inc

Organization Overview

Triad Stage Inc is located in Greensboro, NC. The organization was established in 1998. 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 06/2021, Triad Stage Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triad 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 06/2020, Triad Stage Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

A PROFESSIONAL THEATRE COMPANY DEDICATED TO STRENGTHENING THE COMMUNITY THROUGH THE ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRIAD STAGE, INC. IS A PROFESSIONAL THEATRE COMPANY DEDICATED TO STRENGTHENING THE COMMUNITY AND DELIGHTING AUDIENCES BY PROVIDING A PLACE WHERE PEOPLE FROM ALL ECONOMIC, SOCIAL, AND ETHNIC BACKGROUNDS CAN COME TOGETHER TO SHARE A COMMON EXPERIENCE THROUGH THE ARTS.


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Board, Officers & Key Employees

Name (title)Compensation
Preston Lane
Producing Artistic Directo
$115,874
Deborah Hayes
Chair
$0
Linda Sloan
Founding Chair
$0
Brandon Bensley
Secretary
$0
David Allen
Treasurer
$0
Donna Baldwin-Bradby
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$986,764
Investment income $1,249
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $57,428
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 $24,856
Miscellaneous Revenue$0
Total Revenue $1,782,621

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Triad Stage Inc has recieved totaling $48,258.

Awarding OrganizationAmount
Strickland Family Foundation

Winston Salem, NC

PURPOSE: ARTS SUPPORT

$30,000
The Cemala Foundation Inc

Greensboro, NC

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
Griffin Endowment

Greensboro, NC

PURPOSE: PROGRAM SUPPORT

$5,000
The Poetry Foundation

Chicago, IL

PURPOSE: POETRY OUT LOUD SAA GRANT

$3,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$108
The Ackermann Foundation

Greensboro, NC

PURPOSE: PROGRAM SUPPORT

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$37,997
Earnings$11,031
Admin Expense$635
Ending Balance$48,393

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