STATE THEATRE CENTER FOR THE ARTS INC
Mission Statement
The primary mission of the State Theatre is to provide a stage to celebrate and explore the arts together. In accomplishing this goal: We will bring together, entertain and enrich the lives, of people of all ages, races, income levels, and cultural interests. We will serve a population residing and/or working in the Lehigh Valley and beyond. We will provide a variety of performing arts. We will also provide a unique facility for business and social gatherings. We will preserve our physical resources and manage our financial resources in a way that is respected by our patrons, our donors, the vendors with whom we do business, and the community we serve. Finally, we will consistently seek new, innovative ways to serve the diverse cultural interests of the community.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.4% | 77.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.6% | 14.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 5.9% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3608.4% | 302.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.8 mo | 15.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.3% | 11.4% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.4% | 70.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
34.9% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
22.2% | 5.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.6% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $5.1M | $5.5M | $5.9M | 77.4% | 168 |
| 2024 | $3.8M | $4.5M | $6.2M | 74.1% | 153 |
| 2023 | $4.5M | $5.2M | $6.6M | 78.2% | 153 |
| 2022 | $4.8M | $3.8M | N/A | — | 122 |
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