Form 990 for tax year 2022
Filed by NEWARK MIDLAND THEATRE ASSOCIATION.
Totals
- Total revenue
- $2,631,841
- Total expenses
- $1,944,258
- Contributions and grants received
- $947,369
- Grants paid
- $0
- Program service revenue
- $1,364,165
- Investment income
- $270,314
- Other revenue
- $49,993
- Total assets, end of year
- $14,389,268
- Total liabilities, end of year
- $412,259
- Net assets or fund balances, end of year
- $13,977,009
- Program services expenses (Part IX)
- $1,802,020
- Management and general expenses
- $100,099
- Fundraising expenses
- $42,139
- Program service expenses (Part III)
- $1,802,020
Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$395,609
-
1f · All other contributions, gifts and grants
$551,760
-
2a · Program service revenue: THEATRE ADMISSIONS
total $1,338,542 · related or exempt $1,338,542
-
2b · Program service revenue: FACILITY RENTAL
total $25,250 · related or exempt $25,250
-
2c · Program service revenue: OTHER
total $373 · related or exempt $373
-
3 · Investment income
total $270,314 · excluded $270,314
-
8a · Fundraising events: gross income
$26,150
-
8b · Fundraising events: direct expenses
$13,468
-
8c · Net income from fundraising events
total $12,682 · excluded $12,682
-
10a · Gross sales of inventory
$48,959
-
10b · Cost of goods sold
$11,648
-
10c · Net income from sales of inventory
total $37,311 · excluded $37,311
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $98,623 · program services $78,899 · management and general $9,862 · fundraising $9,862
-
7 · Other salaries and wages
total $202,852 · program services $162,282 · management and general $20,285 · fundraising $20,285
-
8 · Pension plan contributions
total $7,945 · program services $6,357 · management and general $794 · fundraising $794
-
9 · Other employee benefits
total $9,077 · program services $7,263 · management and general $907 · fundraising $907
-
10 · Payroll taxes
total $23,372 · program services $18,698 · management and general $2,337 · fundraising $2,337
-
11c · Fees: accounting
total $13,300 · management and general $13,300
-
11g · Fees: other
total $8,500 · management and general $8,500
-
12 · Advertising and promotion
total $73,994 · program services $73,994
-
13 · Office expenses
total $35,414 · program services $29,658 · management and general $3,174 · fundraising $2,582
-
14 · Information technology
total $4,151 · program services $2,491 · management and general $1,660
-
16 · Occupancy
total $94,536 · program services $85,083 · management and general $9,453
-
17 · Travel
total $773 · program services $773
-
20 · Interest
total $42 · program services $42
-
23 · Insurance
total $19,695 · program services $17,532 · management and general $1,970 · fundraising $193
-
24a · Other expenses: SHOW BOOKINGS
total $637,806 · program services $637,806
-
24b · Other expenses: SHOW EXPENSES
total $487,419 · program services $487,419
-
24c · Other expenses: TICKETING
total $92,276 · program services $92,276
-
24d · Other expenses: MAINTENANCE
total $47,189 · program services $20,589 · management and general $26,051 · fundraising $549
-
24e · All other expenses
total $87,294 · program services $80,858 · management and general $1,806 · fundraising $4,630
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $125,282 · end of year $224,665
-
2 · Savings and temporary cash investments
beginning of year $1,191,893 · end of year $1,397,531
-
8 · Inventories for sale or use
beginning of year $1,004 · end of year $1,213
-
9 · Prepaid expenses and deferred charges
beginning of year $42,536 · end of year $28,625
-
10a · Land, buildings and equipment: cost or other basis
$9,218,955
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $8,699,209 · end of year $9,218,955
-
11 · Investments: publicly traded securities
beginning of year $3,509,279 · end of year $3,518,279
-
19 · Deferred revenue
beginning of year $136,335 · end of year $139,795
-
25 · Other liabilities
beginning of year $143,442 · end of year $272,464
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $13,289,426 · end of year $13,977,009
Mission and programs · 2022
Mission
TO ENRICH THE LIVES OF OUR AUDIENCES TODAY AND TOMORROW BY PROVIDING ENGAGING, ENJOYABLE EXPERIENCES, AND SERVING AS AN ECONOMIC AND CULTURAL CATALYST THAT THRIVES FINANCIALLY, AND THINKS AND ACTS PROGRESSIVELY THROUGH THE SUPPORT OF OUR PATRONS, SPONSORS, PARTNERS AND VOLUNTEERS.
Activities or mission (Part I)
OPERATE A RENOVATED HISTORIC THEATRE FOR ARTISTIC AND EDUCATIONAL PERFORMANCES FOR THE COMMUNITY.
-
CULTURAL AND CIVIC EVENTSYELLOW BUS SERIES - ELEMENTARY SCHOOL STUDENTSMUSICAL PERFORMANCESMOVIES SERIESEDUCATIONAL PRESENTATIONS
Expenses $1,802,020 · Revenue $1,364,165
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gary BakerGARY BAKER
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Kent DubbeKENT DUBBE
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Robert HandelmanROBERT HANDELMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Michael HarrisMICHAEL HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe MooreJOE MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ginny SharkeyGINNY SHARKEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Cynthia WebsterCYNTHIA WEBSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce CollenBRUCE COLLEN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Pat McGonaglePAT MCGONAGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny MoreheadJENNY MOREHEAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christian RobertsonCHRISTIAN ROBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann WaltherANN WALTHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry WilliamsLARRY WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim MannoKIM MANNO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim BunyardTIM BUNYARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay McCutchanLINDSAY MCCUTCHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Beau FergusonBEAU FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Timothy Juengst 0922-0623TIMOTHY JUENGST 0922-0623
EXECUTIVE DIRECTOR
- Total calculated
- $30,774
- From this org
- $30,396
- From related orgs
- $0
- Other
- $378
- Hours/week
- 40
-
Chris Skinner 0722-0822CHRIS SKINNER 0722-0822
EXECUTIVE DIRECTOR
- Total calculated
- $59,313
- From this org
- $56,322
- From related orgs
- $0
- Other
- $2,991
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349314259
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.