2016-17 Annual Report

FY17 Statement of Financial Position
6+14+5+5+16+33+21 19+8+4+6+12+15+7+14+6+8+1
Revenue
Total Revenue: $2,616,210
grants and foundations $178,400
individuals $373,331
corporations, events, bequest, $146,141
endowment, infrastructure
education $147,353
subscriptions $419,127
single tickets/group sales $815,990
additional (rentals, advertising, $535,867
in-kind, investments)
Expense
CONTRIBUTED27% ADMINISTRATION 29%
staff $346,561
admin. costs/benefits $150,398
marketing $203,438
additional (devel., events, facilities) $9,681
EARNED73% PROGRAM ACTIVITY 71%
FY17 Net Income: $166,697
Total Expenses: $2,449,513
actors/guest artists $454,273
facilities/occupancy $193,713
royalties $87,148
performance costs $157,421
production costs $291,155
education $365,780
additional (in-kind, deprec., infrastructure) $189,946
Assets
Liabilities
2016 2017 TOTAL 2016: 3,125,703 TOTAL 2017: 3,286,879 2016 2017 TOTAL 2016: 1,747,619 TOTAL 2017: 1,742,098
Cash
$464,508 $550,141 Notes Payable $1,130,334 $1,091,979
Accounts/Pledges Receivable
$8,795 $24,645 Accounts Payable/Accrued Expenses $31,453 $37,158
Prepaid Expenses
$29,082 $25,216 Deferred Revenue $568,562 $594,636
Bequest Portion
Property & Equipment (Less
Accumulated Depreciation)
$44,000 $48,000 Other Liabilities (Notes, Leases, Deposits) $17,270 $18,325
$1,427,887 $1,389,361
Other Assets (Bequests, Investments)
$1,151,431 $1,249,516
The Balance Sheet (as of June 30 of each year) and Statement of Activities for Fiscal Year 2017 are summarized here.
A complete copy of Portland Stage’s audited financial statements are available upon request.
2016 Net Assets:
$1,378,084
2017 Net Assets:
$1,544,781
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