Form 990 for tax year 2024

1e · Government grants (contributions)

$87,000

1f · All other contributions, gifts and grants

$1,752,991

1g · Noncash contributions included above

$9,682

2a · Program service revenue: TICKET SALES

total $4,904,408 · related or exempt $4,904,408

2b · Program service revenue: PERFORMING ARTS SCHOOL

total $1,985,757 · related or exempt $1,985,757

2c · Program service revenue: PROCESSING FEES/MISC.

total $401,155 · related or exempt $401,155

3 · Investment income

total $48,892 · excluded $48,892

6a · Gross rents

real property $523,133

6b · Less rental expenses

real property $144,455

6c · Rental income or loss

real property $378,678

6d · Net rental income or loss

total $378,678 · excluded $378,678

7a · Gross sales of assets other than inventory

securities $11,020

7b · Less cost or other basis and sales expenses

securities $0

7c · Gain or loss

securities $11,020

7d · Net gain or loss

total $11,020 · excluded $11,020

8a · Fundraising events: gross income

$721,515

8b · Fundraising events: direct expenses

$355,576

8c · Net income from fundraising events

total $365,939 · excluded $365,939

10a · Gross sales of inventory

$865,609

10b · Cost of goods sold

$353,139

10c · Net income from sales of inventory

total $512,470 · related or exempt $512,470

11a · Other revenue: MISCELLANEOUS INCOME

total $12,217 · related or exempt $12,217

11e · Other revenue, total

$12,217

5 · Compensation of officers, directors and key employees

total $490,391 · program services $264,015 · management and general $168,059 · fundraising $58,317

7 · Other salaries and wages

total $5,202,586 · program services $4,006,014 · management and general $866,020 · fundraising $330,552

9 · Other employee benefits

total $246,945 · program services $146,286 · management and general $74,779 · fundraising $25,880

10 · Payroll taxes

total $378,966 · program services $252,828 · management and general $93,707 · fundraising $32,431

11c · Fees: accounting

total $34,250 · management and general $30,053 · fundraising $4,197

11f · Fees: investment management

total $13,790 · management and general $13,790

11g · Fees: other

total $58,679 · management and general $51,488 · fundraising $7,191

12 · Advertising and promotion

total $1,308,550 · program services $27,260 · management and general $1,281,290

13 · Office expenses

total $781,533 · program services $510,276 · management and general $176,868 · fundraising $94,389

15 · Royalties

total $402,546 · program services $402,546

16 · Occupancy

total $943,299 · program services $258,282 · management and general $685,017

17 · Travel

total $243,356 · program services $217,513 · management and general $22,676 · fundraising $3,167

19 · Conferences, conventions and meetings

total $96,261 · program services $57,099 · management and general $36,514 · fundraising $2,648

20 · Interest

total $61,178 · program services $44,529 · management and general $16,649

22 · Depreciation, depletion and amortization

total $396,416 · program services $45,835 · management and general $350,581

23 · Insurance

total $171,394 · management and general $141,085 · fundraising $30,309

24a · Other expenses: EDUCATION SUPPLIES & SE

total $654,369 · program services $654,369

24b · Other expenses: PRODUCTION SUPPLIES

total $367,412 · program services $322,087 · management and general $45,325

24c · Other expenses: DONOR CULTIVATION

total $11,259 · fundraising $11,259

1 · Cash, non-interest-bearing

beginning of year $364,584 · end of year $167,753

2 · Savings and temporary cash investments

beginning of year $1,301,747 · end of year $946,316

3 · Pledges and grants receivable

beginning of year $384,393 · end of year $475,371

4 · Accounts receivable

beginning of year $40,844 · end of year $47,954

8 · Inventories for sale or use

beginning of year $42,762 · end of year $65,256

9 · Prepaid expenses and deferred charges

beginning of year $232,941 · end of year $242,225

10a · Land, buildings and equipment: cost or other basis

$12,542,830

10b · Land, buildings and equipment: accumulated depreciation

$5,322,034

10c · Land, buildings and equipment, net

beginning of year $7,269,685 · end of year $7,220,796

13 · Investments: program-related

beginning of year $92,886 · end of year $101,117

15 · Other assets

beginning of year $397,563 · end of year $261,264

17 · Accounts payable and accrued expenses

beginning of year $733,460 · end of year $876,562

19 · Deferred revenue

beginning of year $1,070,075 · end of year $1,132,707

23 · Secured mortgages and notes payable

beginning of year $948,174 · end of year $1,645,180

25 · Other liabilities

beginning of year $344,931 · end of year $241,294

27 · Net assets without donor restrictions

beginning of year $6,473,444 · end of year $4,964,952

28 · Net assets with donor restrictions

beginning of year $557,321 · end of year $667,357