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Florida · Nonprofit

AREA STAGE INC

AREA STAGE INC (Florida) receives grants from 13 organizations whose IRS filings report $531,975 to it, the largest being THE MIAMI FOUNDATION INC ($145,000). 6 of them have funded it in more than one year.

Revenue FY2025
$2.1M
Funders on record
13
Grants received
$532k
Net assets
$-466309
6/13 repeat funderspeak grant-dependency 11%
01What it does

What Area Stage Inc does

Mission

ASC aspires to provide extraordinary theatrical experiences to audiences across the world, to nurture the artistic talents and creative spirits of the next generation of theatre artists, and to make the in-person, collective experience of theatre accessible to everyone, including individuals with intellectual and developmental disabilities.

As stated on its FY2025 Form 990.

Programs

  1. ASC encompasses a vibrant conservatory program that allows artists to help shape the next generation of theatre-makers by offering professional-level training. The program offers 68 productions a year, private and group classes, and many performance opportunities at outreach and community events. To date, ASC has produced over 185 productions by and for young theatre artists, many of whom have gone on to professional careers in theatre. Over 100 students from economically challenged families receive $100,000 worth of full or partial scholarships each year. This program is crucial to developing a local legacy of professional-level theatre artists who will continue to promote a standard of excellence in the performing arts in Miami, as well as become the educators of tomorrow.

    $856,021 spent$564,069 earned by the program
    48% of program spending
  2. ASC is an award-winning professional theatre organization founded on the principles of artistic innovation, education and inclusion. In the nearly 35 years since its inception, the diverse company has presented a mix of classical and contemporary plays and original new works. ASCs artistic excellence and singular status has been reflected in the notable honors received by our productions, as well as the high-profile media attention our company has. Earning over sixty nominations and wins at the Carbonell Awards, the company has garnered national recognition on Travel & Leisure magazine, WLRN, CNN, CNN International, Univision, Telemundo, and on ABCs Nightline with Ted Koppel as the only theatre company ever featured on the program, and has received Miami New Times Best Theatre Company (1992, 1993, 1997, 2019, 2020, 2022, 2023).

    $460,228 spent$332,830 earned by the program
    26% of program spending
  3. The inclusion theatre project is a one of a kind program that provides arts training within the musical theatre medium to students with developmental and intellectual disabilities. The program, pioneered by executive director maria banda-rodaz in 2014, is rooted in asc's belief that training in the performing arts can help these students develop essential life skills and should be accessible for all. The program offers 2-3 productions a year, private and group classes, and many performance opportunities at outreach and community events. Itp's innovative, comprehensive curriculum was developed by asc conservatory founders with the help of special education expert consultants. As attested to by a growing body of formal research associating arts education with gains in emotional intelligence and academic performance, we have observed its power firsthand in our itp students as they gain skills, confidence, and the capacity for self-expression. The performance opportunities associated with itp classes also provide an additional sense of purpose and engagement to our students while also fostering increased understanding in their audiences, paving the way for a more inclusive community…

    $448,907 spent$107,696 earned by the program
    25% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,765,156.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($874k) Expenses 100 ($890k) Net assets 100 ($48k)2019 Revenue 133 ($1.2M) Expenses 132 ($1.2M) Net assets 51 ($25k)2020 Revenue 117 ($1.0M) Expenses 111 ($987k) Net assets 129 ($62k)2021 Revenue 198 ($1.7M) Expenses 150 ($1.3M) Net assets 944 ($454k)2022 Revenue 149 ($1.3M) Expenses 197 ($1.7M) Net assets -305 ($-147063)2023 Revenue 213 ($1.9M) Expenses 223 ($2.0M) Net assets -548 ($-264018)2024 Revenue 229 ($2.0M) Expenses 286 ($2.5M) Net assets -1592 ($-766358)2025 Revenue 242 ($2.1M) Expenses 253 ($2.3M) Net assets -969 ($-466309)
'17'19'20'21'22'23'24'25
Revenue (242)Expenses (253)Net assets (-969)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $327k to $693k (+112%).

$56k
$91k
$327k
$693k
$563k
$424k
$414k
$325k
'17'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 42% · 2019 28% · 2020 44% · 2021 57% · 2022 33% · 2023 28% · 2024 40% · 2025 47%. Grants only. Government contracts and fees sit inside program revenue.

51% of AREA STAGE INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$16k
’17
−$12k
’19
$37k
’20
$392k
’21
−$447k
’22
−$117k
’23
−$545k
’24
−$137k
’25
0.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Sara Poses

Chairperson

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed76181918181616
Joined··+12+7+5+7+6+0
No longer listed··066780
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $10k → $212k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AREA STAGE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AREA STAGE INC leans on a few funders — its largest provides 27% of grant income and the top three 74%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

47% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AREA STAGE INC.

27%
largest funder
74%
top three
~5
effective funders

Largest funder’s share by year: 2019 100% · 2020 96% · 2021 100% · 2022 59% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of AREA STAGE INC's funders are still giving 1 year after their first grant; 46% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

97% of AREA STAGE INC's grant income comes from Florida funders.

OH
TN
GA
FL

In-state vs out-of-state, by year

’20
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $152k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AREA STAGE INC has grown faster than half of the 3,430 arts & culture nonprofits its size.

Operating margin−6% · below the median
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Government funding AREA STAGE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $120k on record.

Federal$120k
grants $120kcontracts $0
22
23
24
25
Top agencies
  • National Endowment for the Arts$120k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like AREA STAGE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 22%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for AREA STAGE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AREA STAGE INC?
AREA STAGE INC (Florida) receives grants from 13 organizations whose IRS filings report $531,975 to it, the largest being THE MIAMI FOUNDATION INC ($145,000). 6 of them have funded it in more than one year.
How many funders does AREA STAGE INC have?
IRS filings report 13 organizations giving $531,975 in grants to AREA STAGE INC, 6 of which have funded it in more than one year.
Who is the largest funder of AREA STAGE INC?
THE MIAMI FOUNDATION INC is the largest funder on record, with $145,000 in grants. The full list of funders is on this page.
How can an organization like AREA STAGE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing