Civic Intelligence

Stages Theatre Company Inc

EIN 36-3328812 • 501(c)3 • Hopkins, MN

View Organization Page

Profile

Stages theatre company (stc) is committed to the enrichment and education of children and youth in a professional theater environment that stimulates artistic excellence and personal growth.

1111 MainstreetHopkins, MN 55343

www.stagestheatre.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.35x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.66x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

56th percentile

$142,876

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

56th percentile

6.0%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$6,659,238

Up $375,604 (+6.0%) from 2024

Liabilities

Down

$2,340,109

Down $49,487 (-2.1%) from 2024

Net Assets

Up

$4,319,129

Up $425,091 (+11%) from 2024

Operations
Liabilities / Revenue79th percentileNet Margin64th percentile

Revenue

Up

$3,537,761

Up $349,751 (+11%) from 2024

Expenses

Up

$3,121,901

Up $264,308 (+9.2%) from 2024

Net Income

Up

$415,860

Up $85,443 (+26%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,846,978Liabilities 2011: $403,034Net Assets 2011: $1,443,9442011Assets 2012: $2,036,939Liabilities 2012: $209,114Net Assets 2012: $1,827,8252012Assets 2013: $1,996,736Liabilities 2013: $274,798Net Assets 2013: $1,721,9382013Assets 2014: $1,947,754Liabilities 2014: $362,317Net Assets 2014: $1,585,4372014Assets 2015: $2,020,873Liabilities 2015: $448,163Net Assets 2015: $1,572,7102015Assets 2016: $2,111,796Liabilities 2016: $500,733Net Assets 2016: $1,611,0632016Assets 2017: $2,079,273Liabilities 2017: $590,947Net Assets 2017: $1,488,3262017Assets 2018: $2,020,153Liabilities 2018: $564,995Net Assets 2018: $1,455,1582018Assets 2019: $2,040,949Liabilities 2019: $521,738Net Assets 2019: $1,519,2112019Assets 2020: $2,388,579Liabilities 2020: $626,502Net Assets 2020: $1,762,0772020Assets 2021: $3,649,916Liabilities 2021: $1,295,818Net Assets 2021: $2,354,0982021Assets 2022: $3,890,708Liabilities 2022: $513,193Net Assets 2022: $3,377,5152022Assets 2023: $4,688,922Liabilities 2023: $1,169,970Net Assets 2023: $3,518,9522023Assets 2024: $6,283,634Liabilities 2024: $2,389,596Net Assets 2024: $3,894,0382024Assets 2025: $6,659,238Liabilities 2025: $2,340,109Net Assets 2025: $4,319,1292025

Highlighted filing

2025

Assets$6,659,238
Liabilities$2,340,109
Net Assets$4,319,129
Open 2025 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,141,8972011Expenses 2012: $1,983,0032012Expenses 2013: $2,258,2242013Revenue 2014: $2,132,576Expenses 2014: $2,274,627Net Income 2014: -$142,0512014Revenue 2015: $2,452,075Expenses 2015: $2,464,228Net Income 2015: -$12,1532015Revenue 2016: $2,437,526Expenses 2016: $2,419,081Net Income 2016: $18,4452016Revenue 2017: $2,464,345Expenses 2017: $2,568,280Net Income 2017: -$103,9352017Revenue 2018: $2,411,991Expenses 2018: $2,426,523Net Income 2018: -$14,5322018Revenue 2019: $2,593,972Expenses 2019: $2,556,132Net Income 2019: $37,8402019Revenue 2020: $2,337,174Expenses 2020: $2,113,498Net Income 2020: $223,6762020Revenue 2021: $2,295,445Expenses 2021: $1,688,206Net Income 2021: $607,2392021Revenue 2022: $3,759,025Expenses 2022: $2,681,375Net Income 2022: $1,077,6502022Revenue 2023: $2,886,685Expenses 2023: $2,718,020Net Income 2023: $168,6652023Revenue 2024: $3,188,010Expenses 2024: $2,857,593Net Income 2024: $330,4172024Revenue 2025: $3,537,761Expenses 2025: $3,121,901Net Income 2025: $415,8602025

Highlighted filing

2025

Revenue$3,537,761
Expenses$3,121,901
Net Income$415,860
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,659,238
Liabilities
$2,340,109
Net assets
$4,319,129
Revenue
$3,537,761
Expenses
$3,121,901
Net income
$415,860
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.66$2.34$4.32$3.54$3.12$0.42
2024Detailed filing. Detailed filing data is available for this year.$6.28$2.39$3.89$3.19$2.86$0.33
2023Detailed filing. Detailed filing data is available for this year.$4.69$1.17$3.52$2.89$2.72$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.89$0.51$3.38$3.76$2.68$1.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$1.30$2.35$2.30$1.69$0.61
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.63$1.76$2.34$2.11$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.04$0.52$1.52$2.59$2.56$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.56$1.46$2.41$2.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.59$1.49$2.46$2.57$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.50$1.61$2.44$2.42$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.45$1.57$2.45$2.46$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.36$1.59$2.13$2.27$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.27$1.72$2.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.21$1.83$1.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.40$1.44$2.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 25, 2026
Return Version
2024v5.5
Gross Receipts
$3,555,169
Mission and Program Overview

Mission

Stages theatre company (stc) is committed to the enrichment and education of children and youth in a professional theater environment that stimulates artistic excellence and personal growth.

Enrich and educate children and youth in a professional theater environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,388,415$2,840,508▲ $452,093
Investments Other Securities$1,118,174$1,203,081▲ $84,907
Pledges and Grants Receivable$363,937$273,477▼ $90,460
Prepaid Expenses and Deferred Charges$176,717$213,475▲ $36,758
Accounts Receivable$227,182$195,281▼ $31,901
Land, Buildings, and Equipment, Net$80,476$153,785▲ $73,309
Cash and Non-Interest-Bearing Accounts$117,758$83,051▼ $34,707
Savings and Temporary Cash Investments$9,278$9,303▲ $25
Total Assets$6,283,634$6,659,238▲ $375,604
Other Assets Total$1,801,697$1,687,277▼ $114,420
Liabilities
Other Liabilities$1,833,573$1,743,896▼ $89,677
Accounts Payable and Accrued Expenses$314,401$303,746▼ $10,655
Deferred Revenue$241,622$292,467▲ $50,845
Total Liabilities$2,389,596$2,340,109▼ $49,487
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,585,133$2,842,608▲ $257,475
Net Assets With Donor Restrictions$1,308,905$1,476,521▲ $167,616
Total Net Assets Fund Balance$3,894,038$4,319,129▲ $425,091
Total Liabilities and Net Assets / Fund Balance$6,283,634$6,659,238▲ $375,604

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$153,785$637,815$791,600
Other Assets Org$1,687,277--
Other Securities$1,203,081--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$257,170$24,174▲ $11,113-$292,457
2023$191,644$153,365▼ $87,839-$257,170
2022$153,332$26,806▲ $11,506-$191,644
2021$143,357$24,384▼ $14,409-$153,332
2020$79,501$63,930▼ $74-$143,357
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandy Boren-barrettArtistic DirectorFT$123,657$19,219$142,876
Susan SwensonManaging DirectorFT$90,064$5,991$96,055

Board Members and Trustees

NameTitle
Christina MosakowskiChair
Karen Winter DekkerVice Chair
Andy SchumeisterDirector
Barry GersickDirector
Betsy ButwinDirector
Betsy KumagaiDirector
Brandon WillsDirector
Carrie RimstadDirector
Dave MahlerDirector
Elizabeth Plaetz LoriDirector
Eric LucasDirector
Kechi DuffyDirector
Kristin SpencerDirector
Linda MoyDirector
Lisa CollinsDirector
Lisa KlineDirector
Mauricio LoriaDirector
Nicole TrusoDirector
Qadirrah Jenn SeltzDirector
Stephanie BetzDirector
Sue MoulderDirector
Susan LanderDirector
TOM O'BRIENDirector
Tara CruzDirector
Tenisha HollieDirector
Tia PicardDirector
Tom MatchinskyDirector
Victoria MogilevskyDirector
Dimitrios LalosSecretary
Janet LangnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$718,017
Program Service Revenue
$2,686,385
Investment Income
$119,032
Other Revenue
$14,327
All Other Contributions
$496,667
Change in Net Assets
$415,860

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles1$75,000Fair Market Value (FMV)
Other Non Cash Contri Table47$33,380Fair Market Value (FMV)
Other Non Cash Contri Table1$17,280Fair Market Value (FMV)
Other Non Cash Contri Table140$3,635Fair Market Value (FMV)
Other Non Cash Contri Table88$3,355Fair Market Value (FMV)
Total Noncash Contributions277$132,650-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,550,781
Revenue Not Reported on Financial Statements
$-13,020
Revenue Not Reported on Form 990
$24,919
Other Revenue Adjustments
$-13,020
Total Revenue per Audited Statements
$3,575,700
Total Revenue per Form 990
$3,537,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,920,139
Other Expenses$1,201,762
Total Fundraising Expense$98,233
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,268,365$144,226$64,063$1,476,654
Occupancy$249,590$25,526$8,509$283,625
Current Officers, Directors, Trustees, and Key Employees$152,378$107,446-$259,824
Fees for Services Other$161,264$45,205$2,326$208,795
Royalties$196,411--$196,411
Office Expenses$161,193$16,046$10,904$188,143
Payroll Taxes$102,841$19,114$4,630$126,585
Advertising$31,592$27,530-$59,122
Other Employee Benefits$34,519$19,019$3,538$57,076
Depreciation Depletion$24,505$4,371$1,120$29,996
Fees for Services Accounting-$26,379-$26,379
Insurance$19,807$3,533$905$24,245
Travel$12,857$1,836-$14,693
Information Technology$11,941$2,130$546$14,617
Other Expenses$5,033$6,292$526$11,325
Conferences and Meetings$6,111$2,892$741$9,744
All Other Expenses$5,883$1,658$425$7,966
Total Functional Expenses$2,455,791$567,877$98,233$3,121,901

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,150,609
Expenses per Audited Statements$3,121,901
Total Expenses per Form 990$3,121,901
Expenses Not Reported on Form 990$28,708
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,695
Fundraising Direct Expenses$17,408
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Starlight Celebration$80,815$24,695$7,307$17,388
Total Events$80,815$24,695$17,408$7,287
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Megan CollinsEmployee of the Organization Whose Parent Is on the Board of DirectorsCompensation Paid by the OrganizationNo$66,560
Laura MahlerContractor of the Organization Whose Parent Is on the Board of DirectorsCompensation Paid by the OrganizationNo$3,360
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$1,743,896
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Employee megan collins - education director: daughter to a board member barry gersick and dave mahler (board members) have a business relationship”

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees that have the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The annual form 990 is reviewed in detail by stc managing director and finance committee. Once the review is complete, the full 990 is provided to the entire board of directors for final review and approval. Filing occurs after board approval is received.”

Form 990, Part VI, Section B, Line 12C

“Annually, each officer, employee, and director of the organization shall complete a conflict of interest disclosure form revealing any potential or existing conflicts as described in the by-laws of the organization and within the disclosure form. If a conflict of interest exists, the officer, employee, or director's conflict shall be brought to attention at the next board meeting and treated as deemed appropriate. Conflicts are determined based on the individual with the conflict - with employee conflicts reviewed and determined by the artistic and managing director and board member. Conflicts reviewed and determined by the remaining board members - the individual with conflict may be asked to refrain from voting on any such relating matters. All proceedings related to conflicts of interest are documented in the meeting minutes or as otherwise appropriate.”

Form 990, Part VI, Section B, Line 15A

“The board of directors annually determines what the compensation should be for the artistic director. The board of directors utilizies comparability data from the tcg salary survey as a part of the determination of compensation levels. The process includes completion of a self-evaluation which is compared to an evaluation completed by the chair of the board, with input from board members. The evaluation and salary recommendation is brought forward to the board for discussion and approval. This determination last occurred in 2025.”

Form 990, Part VI, Section C, Line 19

“The theatre's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Stages Theatre Company Inc
EIN
36-3328812
Phone
9529791123
Address
1111 MAINSTREET, HOPKINS, MN 55343

Signing Officer

Name
Susan Swenson
Title
Managing Director
Phone
9529791108
Signed
2026-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Swenson
Formed
1983
Legal Domicile
Mn
Voting Board Members
28
Independent Board Members
28
Employees
168
Volunteers
400

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Mike Hinsch
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Cpt k-1 equity adjustment -4,388.”

Form 990. Part XII, Line 2C.

“The organization has not changed its oversight process or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Stages theatre company is incorporated as a nonprofit corporation under the applicable laws of the state of minnesota. Stc is exempt from income taxes under section 501(c)(3) of the internal revenue code (irc), except to the extent it has taxable income from activities that are not related to its exempt purpose. Cpt services is an s-corporation and is not a tax paying entity. All tax effects are passed through to stc. Stc generates unrelated business income from advertising sales and cpt services. Stc believes that it has appropriate support for any tax positions taken, and accordingly, does not have any uncertain tax positions that are material to the consolidated financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expense -17,408. K-1 equity 4,388.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 17,408.”

Raw XML AppendixShowing 400 of 866 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
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