Totals
- Total revenue
- $542,113
- Total expenses
- $666,017
- Contributions and grants received
- $166,837
- Grants paid
- $9,000
- Program service revenue
- $363,722
- Investment income
- $3,174
- Other revenue
- $8,380
- Total assets, end of year
- $478,535
- Total liabilities, end of year
- $190,003
- Net assets or fund balances, end of year
- $288,532
- Program services expenses (Part IX)
- $471,970
- Management and general expenses
- $175,870
- Fundraising expenses
- $18,177
- Program service expenses (Part III)
- $471,970
Program services were 70.9% 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)
$23,069
-
1f · All other contributions, gifts and grants
$143,768
-
2a · Program service revenue: THEATRE REVENUE
total $227,522 · related or exempt $227,522
-
2b · Program service revenue: EDUCATION PROGRAMS
total $136,200 · related or exempt $136,200
-
3 · Investment income
total $3,174 · excluded $3,174
-
6a · Gross rents
real property $3,685
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $3,685
-
6d · Net rental income or loss
total $3,685 · related or exempt $3,685
-
8a · Fundraising events: gross income
$4,695
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $4,695 · excluded $4,695
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $9,000 · program services $9,000
-
5 · Compensation of officers, directors and key employees
total $70,000 · program services $28,000 · management and general $35,000 · fundraising $7,000
-
7 · Other salaries and wages
total $122,724 · program services $96,742 · management and general $25,982
-
10 · Payroll taxes
total $21,187 · program services $13,713 · management and general $6,704 · fundraising $770
-
11c · Fees: accounting
total $37,060 · management and general $37,060
-
11g · Fees: other
total $53,079 · program services $22,430 · management and general $30,649
-
13 · Office expenses
total $55,544 · program services $31,013 · management and general $14,454 · fundraising $10,077
-
16 · Occupancy
total $44,400 · program services $37,740 · management and general $6,660
-
20 · Interest
total $6,194 · management and general $6,194
-
22 · Depreciation, depletion and amortization
total $32,435 · program services $27,570 · management and general $4,865
-
23 · Insurance
total $9,055 · program services $5,860 · management and general $2,865 · fundraising $330
-
24a · Other expenses: THEATRE PRODUCTION COST
total $181,050 · program services $181,050
-
24b · Other expenses: EDUCATION
total $14,664 · program services $14,664
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $4,480 · management and general $4,480
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $3,293 · program services $2,799 · management and general $494
-
24e · All other expenses
total $1,852 · program services $1,389 · management and general $463
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $46,505 · end of year $35,433
-
2 · Savings and temporary cash investments
beginning of year $208,812 · end of year $218,486
-
9 · Prepaid expenses and deferred charges
beginning of year $38,355 · end of year $29,976
-
10a · Land, buildings and equipment: cost or other basis
$311,728
-
10b · Land, buildings and equipment: accumulated depreciation
$134,229
-
10c · Land, buildings and equipment, net
beginning of year $201,673 · end of year $177,499
-
15 · Other assets
beginning of year $21,613 · end of year $17,141
-
17 · Accounts payable and accrued expenses
beginning of year $14,149 · end of year $14,991
-
19 · Deferred revenue
beginning of year $66,454 · end of year $55,168
-
25 · Other liabilities
beginning of year $23,919 · end of year $119,844
-
27 · Net assets without donor restrictions
beginning of year $407,436 · end of year $288,532
-
28 · Net assets with donor restrictions
beginning of year $5,000 · end of year $0
Mission and programs · 2023
Mission
BUILDING COMMUNITY ONE PERFORMANCE AT A TIME THROUGH HIGH QUALITY THEATRICAL PRODUCTIONS AND PERFORMING ARTS EDUCATION.
-
TO PROVIDE THE GENERAL PUBLIC A SCHEDULE OF A DIVERSE SELECTION OF PERFORMANCES WHICH ADD ARTISTIC AND EDUCATIONAL VALUE TO THE COMMUNITY; TO DEVELOP AND NURTURE A DIVERSE COMMUNITY OF ARTISTS.
Expenses $471,970 · Grants $9,000 · Revenue $367,407
As filed on the 2023 return.
Listed in Part VII
-
Joseph PagliaroJOSEPH PAGLIARO
IMMEDIATE PAST BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Joseph MingolelloJOSEPH MINGOLELLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John CorraroJOHN CORRARO
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2.5
-
Michele PiccoloMICHELE PICCOLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ken NappiKEN NAPPI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sean SullivanSEAN SULLIVAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Geoff KannerGEOFF KANNER
TREASURER
- Total calculated
- $0
- Hours/week
- 2.5
-
Kim BurkhartKIM BURKHART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Justin LacoursiereJUSTIN LACOURSIERE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary Sue FeigeMARY SUE FEIGE
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 2.5
-
Diane ByronDIANE BYRON
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Carla SullivanCARLA SULLIVAN
MANAGING DIRECTOR
- Total calculated
- $70,000
- From this org
- $70,000
- From related orgs
- $0
- Other
- $0
- 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
-
VALLEY COMMUNITY FOUNDATION
$9,000
CHARTIABLE FUND DONATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413099349302176
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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