• Announcing Stagey 8.6

    A Giant Leap for Financial Transparency and Collaboration

  • At Stagey, our mission has always been to empower theatre makers with the tools they need to thrive. With the release of Stagey 8.6, we're thrilled to deliver one of our most significant updates yet—focusing on financial transparency, streamlined reporting, and introducing the ability to create and manage Companies directly on your Stagey site.

     

    Here’s a closer look at the groundbreaking changes in this release:

    Introducing Companies: Streamline Revenue Sharing and Management

    Behind every show is a team of creative and business minds working tirelessly to make it happen. Stagey 8.6 introduces Companies, a new way to represent the businesses behind the art and simplify financial operations.

     

    Each Stagey site is managed by a single designated Site Company, representing your organization or core business entity. The Site Company oversees operations and revenue at a site-wide level.
    Now, you can also host Guest Companies on your site, empowering outside organizations to manage their own shows and venues within your platform. These companies:
      • Can link their own Stripe accounts for direct financial control.
      • Manage the day-to-day operations of their shows and venues independently.
      • Operate under customized revenue-sharing deals you define on a show-by-show basis.

    For each show, set a tailored ticket revenue split with Guest Companies. Stagey automatically processes and settles ticket revenue to their Stripe account—no extra action required.

    Enhanced Settlements: Clearer Processes, Greater Confidence

    Settling finances is a critical part of running a successful arts organization. Stagey 8.6 reworks the settlement process to provide clarity and flexibility.

    • Settlements on Your Schedule: Ticket sales now settle a configurable number of days after a performance plays, as defined in your settings. Refunds are no longer possible after settlement.
    • Expanded Settlements: Ads, Passes, and Registrations follow the same customizable schedule, giving you full control over settlement timing.

    These changes ensure that your financial processes are both predictable and adaptable to your organization's needs.

    Reporting: A Deep Dive into Your Finances

    Understanding your financial performance is essential for growth and success. With Stagey 8.6, we've introduced powerful reporting tools to give you unparalleled insights into your profitability, settlements, and balances. Whether you're managing a single show or an entire season, these reports make it easy to track and optimize your financial health.

     

    Profit & Loss Reporting

    Generate detailed income statements for:

    • Your entire site.
    • Individual events or seasons.
    • Specific shows or performances.
    Settlement Reporting

    Easily track what's included in a given settlement, making reconciliation a breeze for your accounting team.

     

    Balance Reporting

    A General Ledger-style system now shows your current balance with traditional debits and credits, ensuring your finances are transparent and accurate.

    Your Profile: All Your Information in One Place

    Stagey 8.6 introduces a redesigned Profile Section, consolidating all the essential details about your operations:

    • View and manage your sites and companies.
    • Track earnings from Stagey's referral program.
    • Manage your account, including key settings and preferences.

    Your profile is now a central hub for overseeing and customizing your entire Stagey experience.

    Referral Program: Earn Passive Income with Stagey

    Stagey's new Referral Program rewards users for helping spread the word about our platform.

    • Earn 5% of Stagey fees (typically $1 per ticket) for every referred customer for the next five years.
    • Share Stagey and enjoy easy, passive income as a thank-you for your support.

     

    Learn more and get started at www.stagey.net/referrals.

    Why Stagey 8.6 Matters

    This release marks a major step forward for empowering performing arts organizations:

     

    • Simplify complex financial relationships with Companies and automated revenue sharing.
    • Gain unmatched visibility into your operations with robust reporting tools.
    • Create new opportunities to support your art through the Referral Program.

     

    Stagey 8.6 is built to adapt to your needs, helping you focus on what you do best: creating extraordinary theatrical experiences.

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