CENTRE STAGE-SOUTH CAROLINA INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

LAURA NICHOLAS

Phone

8642336733

Tax Period

2024-09-01 to 2025-08-31

CENTRE STAGE-SOUTH CAROLINA INC, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $997K left a modest 14% surplus.

Mission

CENTRE STAGE IS A NON-PROFIT 501(C)(3) PERFORMING ARTS VENUE AND THEATRE ORGANIZATION THAT EXISTS TO CAPTIVATE AUDIENCES WITH DIVERSE PROGRAMMING, CULTIVATE LOCAL ARTISTRY, AND INSPIRE COMMUNITY COLLABORATION.

Program Service Accomplishments

Program 1

Expenses: $806,913 Revenue: $637,635

CENTRESTAGE IS A NON-PROFIT 501(C)(3) PERFORMING ARTS VENUE AND THEATRE ORGANIZATION THAT EXISTS TO CAPTIVATE AUDIENCES WITH DIVERSE PROGRAMMING, CULTIVATE LOCAL ARTISTRY, AND INSPIRE COMMUNITY...

CENTRESTAGE IS A NON-PROFIT 501(C)(3) PERFORMING ARTS VENUE AND THEATRE ORGANIZATION THAT EXISTS TO CAPTIVATE AUDIENCES WITH DIVERSE PROGRAMMING, CULTIVATE LOCAL ARTISTRY, AND INSPIRE COMMUNITY COLLABORATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $526,275

Program Service Revenue $559,524

Investment Income $8,816

Other Revenue $69,295

TOTAL REVENUE $1,163,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $231,119

Fundraising Expenses $0

Program Expenses $806,913

Other Expenses $765,679

TOTAL EXPENSES $996,798

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,163,910	$873,897	+0.3%
Expenses	$996,798	$912,351	+0.1%
Net Income	$167,112	$-38,454	-5.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

276

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$56,923

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA NICHOLAS	EXECUTIVE DIRECTOR	40.00	Director	$56,923	$0	$56,923
ADAM JENNINGS	PRESIDENT	5.00	Director	$0	$0	$0
TAYLOR ROY	VICE PRESIDENT	5.00	Director	$0	$0	$0
JAMES STARKS	TREASURER	5.00	Director	$0	$0	$0
CHRISTIE ASHKETTLE	VICE PRESIDENT	5.00	Director	$0	$0	$0
DEBORAH PEABODY	SECRETARY	5.00	Director	$0	$0	$0
SHARON HICKMAN	SECRETARY	5.00	Director	$0	$0	$0
SARAH DUBOSE	MEMBER	5.00	Director	$0	$0	$0
GRACE HARTLEY	MEMBER	5.00	Director	$0	$0	$0
LIZ JORDAN	MEMBER	5.00	Director	$0	$0	$0
KRISTI PARKER BYERS	MEMBER	5.00	Director	$0	$0	$0
LILLIAN KEELING	MEMBER	5.00	Director	$0	$0	$0
ELIZABETH HAYES	MEMBER	5.00	Director	$0	$0	$0
DARATH MACKIE	MEMBER	5.00	Director	$0	$0	$0
REBECCA SCHMALE	MEMBER	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,163,910	$996,798	$2,796,191	$167,112
2024	$873,897	$912,351	$2,010,268	$-38,454
2023	$811,575	$990,571	$1,646,664	$-178,996
2022	$1,043,069	$894,593	$1,441,361	$148,476
2021	$645,857	$529,251	$1,481,967	$116,606
2020	$596,464	$668,278	$1,245,219	$-71,814