Totals
- Total revenue
- $1,273,881
- Total expenses
- $2,714,186
- Contributions and grants received
- $1,237,847
- Grants paid
- $0
- Program service revenue
- $25,170
- Investment income
- $13,711
- Other revenue
- -$2,847
- Total assets, end of year
- $2,108,799
- Total liabilities, end of year
- $497,048
- Net assets or fund balances, end of year
- $1,611,751
- Program services expenses (Part IX)
- $2,585,158
- Management and general expenses
- $79,028
- Fundraising expenses
- $50,000
- Program service expenses (Part III)
- $2,585,158
Program services were 95.2% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$64,149
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$826,801
-
1f · All other contributions, gifts and grants
$346,897
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: 711310 - Ticket Rental Concession Sales for Arts Educational and Cultural Events at The REES
total $20,605 · related or exempt $20,605 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Community Marquee
total $4,565 · related or exempt $4,565 · unrelated business $0 · excluded $0
-
3 · Investment income
total $13,711 · related or exempt $0 · unrelated business $0 · excluded $13,711
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$21,009
-
8a · Fundraising events: contributions included on line 1c
$64,149
-
8b · Fundraising events: direct expenses
$25,429
-
8c · Net income from fundraising events
total -$4,420 · unrelated business -$7,470 · excluded $3,050
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue: Uncategorized Income
total $1,573 · related or exempt $1,573 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,573
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $26,024 · program services $0 · management and general $26,024 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $2,270 · program services $0 · management and general $2,270 · fundraising $0
-
11a · Fees: management
total $12,500 · program services $0 · management and general $12,500 · fundraising $0
-
11b · Fees: legal
total $5,240 · program services $2,000 · management and general $3,240 · fundraising $0
-
11c · Fees: accounting
total $0 · program services $0 · management and general $0 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $50,000 · fundraising $50,000
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $2,327,373 · program services $2,324,293 · management and general $3,080 · fundraising $0
-
12 · Advertising and promotion
total $5,182 · program services $5,182 · management and general $0 · fundraising $0
-
13 · Office expenses
total $1,107 · program services $0 · management and general $1,107 · fundraising $0
-
14 · Information technology
total $4,303 · program services $0 · management and general $4,303 · fundraising $0
-
15 · Royalties
total $841 · program services $841 · management and general $0 · fundraising $0
-
16 · Occupancy
total $7,983 · program services $0 · management and general $7,983 · fundraising $0
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $3,377 · program services $0 · management and general $3,377 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $13,527 · program services $0 · management and general $13,527 · fundraising $0
-
24a · Other expenses: Construction - Bridge Crane, 3-beam runway, equipment rental
total $8,461 · program services $8,461 · management and general $0 · fundraising $0
-
24b · Other expenses: Equipment - LED Screen
total $93,549 · program services $93,549 · management and general $0 · fundraising $0
-
24c · Other expenses: Equipment - theatre technology equipment
total $10,866 · program services $10,866 · management and general $0 · fundraising $0
-
24d · Other expenses: Bank Charges and Fees
total $1,542 · program services $0 · management and general $1,542 · fundraising $0
-
24e · All other expenses
total $140,041 · program services $139,966 · management and general $75 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $897,360 · end of year $19,474
-
2 · Savings and temporary cash investments
beginning of year $5 · end of year $5
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$1,877,996
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $1,861,983 · end of year $1,877,996
-
11 · Investments: publicly traded securities
beginning of year $271,089 · end of year $211,324
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $498,975
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year -$1,969
-
25 · Other liabilities
beginning of year $0 · end of year $42
-
27 · Net assets without donor restrictions
beginning of year $2,927,769 · end of year $1,516,755
-
28 · Net assets with donor restrictions
beginning of year $102,668 · end of year $94,996
Mission and programs · 2022
Mission
The REES Theatre Inc.'s mission is to restore maintain and operate the historic Rees Theatre as an arts cultural and educational resource for the use and benefit of the community. In late 2022 the organization completed the final phase of its renovation and restoration of the theatre building and opened to the public for arts educational and cultural activities.
-
Restoration Renovation of the Historic Rees Theatre. For almost seventy years the Rees Theatre in downtown Plymouth Indiana served as the area's hub for family entertainment. Sadly in 2009 the 1940 Art Deco theatre closed and fell into disrepair. Recognizing the value of the building as an important cultural and historic landmark for the people of Plymouth and Marshall County a group of concerned citizens began meeting in 2016 and 2017 to explore how to bring the Rees Theatre back to life. From this initiative the non-profit corporation The REES Theatre Inc. was formed with the mission to restore renovate and maintain the theatre as a community center for the arts culture and education. In 2018 The REES Theatre Inc. commenced its multi-phased restoration renovation and repurposing program. Masonry work was completed to restore the theatre's west-facing facade and the organization made additional repairs to the lighted marquee signage. Also architects engineers and audio-visual professionals provided studies and preliminary designs to create a vision of the theatre's future as a multi-purpose facility. 2019 saw further improvements made to the theatre's exterior envelope. Masons continued to restore the theatre's south and east-facing walls and a new roof installation neared completion. In 2020 efforts turned to the building's interior with demolition stabilization and framing taking place. Extensive work on the theatre's interior began in earnest in 2021 and through a public bidding process Brown & Brown Construction was awarded the contract for the final interior construction work on the Rees. This construction work began in October 2021 and continued through most of 2022. The construction crew crafted a multi-tiered 2,500 square foot main level auditorium with a 516 square foot stage featuring a special LED wall. The new 500+ square foot balcony allowed for a sound and lighting booth and more seating space. Also the theater was configured for performers' dressing rooms a catering kitchen a concessions area balcony level restrooms and a lobby with two ADA compliant restrooms. Skilled contractors installed The Rees' state of the art audio visual and IT technology equipment. Finally with the finishing paint countertops equipment and furnishings set in place The Rees Theatre proudly reopened its doors to the public on October 1 2022. The Rees Theatre Inc. imagined the possibilities toiled over design details received generous community support benefited from countless hours of volunteer service and ultimately returned a treasured historic venue to life. The organization looks forward to maintaining and operating the beautifully renovated building as a regional center for the arts education and community gatherings for many years to come.
Expenses $2,518,999
-
Community Cultural and Educational Programs. From January through the end of September 2022 the Rees Theatre building was under construction and at times unsafe for members of the public to enter. When deemed secure tours of the theatre were conducted by invitation or appointment. Even while construction continued the Rees Theatre functioned as a center for community connection. The modernized Rees Theatre marquee displays customized digital messages and serves as an official Marshall County emergency messaging board. The restored lighted marquee continues to enhance the downtown's evening streetscape announcing community events messages of support and celebration and messages of public importance. Individuals and groups may sponsor their own marquee posts to publicize non-profit events proclaim happy occasions or commemorate milestones. Such sponsorships offset the operating costs for the brilliant signage. With its October 1st grand re-opening event The Rees Theatre welcomed a nationally recognized big band group as the first performing artist to grace the Robert Pickell Stage and to kick-off The Rees' renewed life as a venue for arts and celebration. The Rees did not slow down for the remainder of the calendar year showcasing the talents of singer-songwriters comedians bands actors and choral groups. In addition The Rees honored its roots with the presentation of nearly a dozen classic or beloved films. With the support of a generous donor The Rees treated all children aged 12 and under to free movie admission. Further The Rees hosted community events including Meet the Candidates nights and special celebratory events. A team of volunteers welcomed the community to happenings at The Rees serving as ushers concessions workers and post-event cleaners. Paid audio-visual technicians and artistic directors ensured that presentations at The Rees were of a high caliber. For its 2023 inaugural season The Rees Theatre volunteers has planned an exciting and diverse slate of movies performances educational events and community presentations.
Expenses $66,159 · Revenue $19,273
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Randall Danielson
President - Board of Directors
- Total calculated
- $0
- Hours/week
- 40
-
Donna Pontius
Board of Directors
- Total calculated
- $0
- Hours/week
- 40
-
Lisa Miller
Secretary - Board of Directors
- Total calculated
- $0
- Hours/week
- 10
-
Don Wendel
Director
- Total calculated
- $0
- Hours/week
- 40
-
Linda Starr
Director
- Total calculated
- $0
- Hours/week
- 10
-
Morgan Garrison
Director
- Total calculated
- $0
- Hours/week
- 10
-
Daniel Flynn
Director - Treasurer
- Total calculated
- $0
- Hours/week
- 10
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
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349317662
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