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Massachusetts · Nonprofit

Chuang Stage Inc

Chuang Stage Inc (Massachusetts) receives grants from 5 organizations whose IRS filings report $128,108 to it, the largest being BARR FOUNDATION ($50,000). 2 of them have funded it in more than one year.

Revenue FY2025
$352k
Funders on record
5
Grants received
$128k
Net assets
$28k
2/5 repeat funderspeak grant-dependency 40%
01What it does

What Chuang Stage Inc does

Mission

CHUANG Stage cultivates joyful and radical Asian American stories that pioneer translingual activism in the arts. The organization produces multilingual theatre, develops new work, supports Asian American, immigrant, BIPOC, queer, and local artists, and expands access to live performance through Pay-As-You-Are ticketing, community partnerships, and culturally specific public programming.

As stated on its FY2025 Form 990.

Program

  1. CHUANG Stages 2025 program service expenses supported two world premiere productions, The Ceremony by Mfoniso Udofia and Learning How to Read by Moonlight by Gaven D. Trinidad, as well as related rehearsals, public performances, new work development, artist compensation, design and technical labor, venue and production costs, community engagement events, and Pay-As-You-Are audience access. Expenses also supported multilingual and culturally specific programming, neighborhood partnerships, readings, panels, and artist development activities serving Asian American, immigrant, BIPOC, queer, and local Boston communities.

    $291,742 spent$77,150 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $291,742.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($17k) Expenses 100 ($9k) Net assets 100 ($8k)2022 Revenue 198 ($34k) Expenses 441 ($42k) Net assets 0 ($0)2023 Revenue 568 ($97k) Expenses 926 ($87k) Net assets 122 ($9k)2024 Revenue 725 ($123k) Expenses 1300 ($123k) Net assets 131 ($10k)2025 Revenue 2072 ($352k) Expenses 3539 ($334k) Net assets 374 ($28k)
20212022202320242025
Revenue (2072)Expenses (3539)Net assets (374)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 2021 to 2022, from $8k to $17k (+127%).

$8k
$17k
$26k
$35k
$37k
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2025 66%. Grants only. Government contracts and fees sit inside program revenue.

78% of Chuang Stage Inc’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$8k
’21
−$8k
’22
$9k
’23
$679
’24
$18k
’25
1.2
months of
reserve
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% 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 Chuang 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

Chuang Stage Inc leans on a few funders — its largest provides 39% of grant income and the top three 92%; half comes from just 2 funders.

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

60% 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 Chuang Stage Inc.

39%
largest funder
92%
top three
~3
effective funders

“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.

Where its funders are

100% of Chuang Stage Inc's grant income comes from Massachusetts funders.

MA

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state 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

Chuang Stage Inc has grown faster than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin5% · above the median
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)113% · top quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Government funding Chuang Stage Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $122k on record — $110k federal, $12k state.

Federal$110k
grants $110kcontracts $0
24
25
Top agencies
  • National Endowment for the Arts$110k
State$12k
24
25
Top programs
  • (PP) STATE AID/POL SUB$12k

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 Chuang 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 Massachusetts

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 7%Fundraising 6%

Governance

3
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

99%

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 Chuang 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 Chuang Stage Inc?
Chuang Stage Inc (Massachusetts) receives grants from 5 organizations whose IRS filings report $128,108 to it, the largest being BARR FOUNDATION ($50,000). 2 of them have funded it in more than one year.
How many funders does Chuang Stage Inc have?
IRS filings report 5 organizations giving $128,108 in grants to Chuang Stage Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Chuang Stage Inc?
BARR FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like Chuang Stage Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Chuang Stage →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 5 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 14, 2026. What this page cannot tell you · view filing