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Nonprofiteer
← ZEITERION THEATRE INC

Form 990 for tax year 2025

Filed by ZEITERION THEATRE INC.

Totals

Total revenue
$7,937,516
Total expenses
$2,638,267
Contributions and grants received
$7,771,602
Grants paid
$0
Program service revenue
$128,478
Investment income
$37,436
Other revenue
$0
Total assets, end of year
$3,089,936
Total liabilities, end of year
$911,870
Net assets or fund balances, end of year
$2,178,066
Program services expenses (Part IX)
$645,115
Management and general expenses
$1,475,942
Fundraising expenses
$517,210
Program service expenses (Part III)
$645,115

Program services were 24.5% 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)

    $5,655,821

  • 1f · All other contributions, gifts and grants

    $2,115,781

  • 1g · Noncash contributions included above

    $126,387

  • 2a · Program service revenue: ADMISSIONS INCOME

    total $77,428 · related or exempt $77,428

  • 2b · Program service revenue: RENTAL INCOME

    total $45,208 · related or exempt $45,208

  • 2c · Program service revenue: CONCESSIONS

    total $5,842 · related or exempt $5,842

  • 3 · Investment income

    total $37,436 · excluded $37,436

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $317,976 · program services $64,068 · management and general $234,494 · fundraising $19,414

  • 7 · Other salaries and wages

    total $1,244,320 · program services $409,555 · management and general $483,269 · fundraising $351,496

  • 8 · Pension plan contributions

    total $18,475 · program services $5,465 · management and general $6,694 · fundraising $6,316

  • 9 · Other employee benefits

    total $90,633 · program services $2,144 · management and general $88,470 · fundraising $19

  • 10 · Payroll taxes

    total $141,692 · program services $44,134 · management and general $63,951 · fundraising $33,607

  • 11b · Fees: legal

    total $2,850 · program services $250 · management and general $2,600

  • 11c · Fees: accounting

    total $74,287 · management and general $74,287

  • 11g · Fees: other

    total $206,634 · program services $23,879 · management and general $140,069 · fundraising $42,686

  • 12 · Advertising and promotion

    total $49,437 · program services $5,899 · management and general $37,968 · fundraising $5,570

  • 13 · Office expenses

    total $101,059 · program services $3,021 · management and general $93,446 · fundraising $4,592

  • 14 · Information technology

    total $166,718 · program services $24,826 · management and general $115,677 · fundraising $26,215

  • 16 · Occupancy

    total $25,118 · management and general $24,891 · fundraising $227

  • 17 · Travel

    total $21,771 · program services $7,269 · management and general $10,111 · fundraising $4,391

  • 19 · Conferences, conventions and meetings

    total $14,284 · program services $5,358 · management and general $6,791 · fundraising $2,135

  • 22 · Depreciation, depletion and amortization

    total $28,323 · management and general $28,323

  • 24a · Other expenses: MISCELLANEOUS

    total $65,651 · program services $6,017 · management and general $51,784 · fundraising $7,850

  • 24b · Other expenses: SUPPLIES AND EQUIPMENT

    total $42,569 · program services $28,005 · management and general $12,867 · fundraising $1,697

  • 24c · Other expenses: ARTIST FEES

    total $26,470 · program services $15,225 · management and general $250 · fundraising $10,995

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,487,642 · end of year $157,857

  • 2 · Savings and temporary cash investments

    beginning of year $7,684,955 · end of year $2,399,554

  • 3 · Pledges and grants receivable

    beginning of year $1,709,361 · end of year $455,213

  • 9 · Prepaid expenses and deferred charges

    beginning of year $26,181 · end of year $57,101

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

    $44,938

  • 10b · Land, buildings and equipment: accumulated depreciation

    $40,379

  • 10c · Land, buildings and equipment, net

    beginning of year $26,001 · end of year $4,559

  • 15 · Other assets

    beginning of year $13,540,448 · end of year $15,652

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,008,130 · end of year $137,648

  • 19 · Deferred revenue

    beginning of year $140,904 · end of year $774,222

  • 24 · Unsecured notes and loans payable

    beginning of year $849,703

  • 25 · Other liabilities

    beginning of year $17,962 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $12,321,982 · end of year $560,664

  • 28 · Net assets with donor restrictions

    beginning of year $9,135,907 · end of year $1,617,402

Mission and programs · 2025

Mission

THE ZEITERION PERFORMING ARTS CENTER'S MISSION IS TO STEWARD OUR HISTORIC THEATER AS A GATHERING PLACE FOR PERFORMING ARTS EXPERIENCES WHERE LEARNING, CONNECTION, AND CREATIVE EXPRESSION THRIVE.

  • CENTER PRESENTATIONSTHE Z PRESENTS A WIDE ARRAY OF HIGH-QUALITY PERFORMANCES EACH YEAR TO AUDIENCES FROM NEW BEDFORD, SURROUNDING COMMUNITIES, AND BEYOND. FROM LIVE MUSIC, TO MUSICALS, TO DANCE, AND COMEDY, THE LIVE PERFORMANCE SERIES FEATURES NATIONAL AND INTERNATIONALLY ACCLAIMED ARTISTS AS WELL AS ARTISTS HAILING FROM THE SOUTHEASTERN MASSACHUSETTS REGION.

    Expenses $458,902 · Revenue $63,323

  • EDUCATIONAL PROGRAMSTHE Z PROVIDES ARTS EDUCATION AND COMMUNITY ENGAGEMENT THROUGH HIGH-QUALITY PROGRAMS FOR INDIVIDUALS OF ALL AGES, ABILITIES, AND BACKGROUNDS IN AND AROUND THE NEW BEDFORD, MASSACHUSETTS COMMUNITY. ITS EDUCATIONAL PROGRAMS, SUCH AS THE SCHOOLTIME PERFORMANCE SERIES, CREATIVE CLASSROOM, AND SUPERART, FOCUS ON FOSTERING SOCIAL-EMOTIONAL LEARNING AND CREATIVE EXPRESSION WHILE PARTNERING WITH LOCAL SCHOOLS AND NONPROFIT ORGANIZATIONS.

    Expenses $186,213 · Revenue $19,947

  • HALL RENTAL OPERATIONSTHE Z PROVIDES A WELCOMING HOME FOR ARTS ORGANIZATIONS SUCH AS NEW BEDFORD SYMPHONY ORCHESTRA AND NEW BEDFORD FESTIVAL THEATRE. THE Z OFFERS A WELL-EQUIPPED PERFORMANCE VENUE THAT INCLUDES A BOX OFFICE, A VOLUNTEER USHER CORPS, FULL CONCESSIONS SERVICES, MARKETING SUPPORT, AND PROFESSIONAL PRODUCTION CREW AND EQUIPMENT. THERE WAS NO ACTIVITY IN THIS PROGRAM DURING 2025.

    Revenue $45,208

As filed on the 2025 return.

Listed in Part VII

  • Frank Almeida

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Alison Smart

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Christie Marotta CPA

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Sandra Ford

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Joseph Nauman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gail Davidson Dr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Louis Ricciardi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patrick Murray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Beppie Huidekoper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Robert Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • R Renee Fernandes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lawrence Hunt Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sarah Athanas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Korn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Hannah Ross

    DIRECTOR (UNTIL 8/25)

    Total calculated
    $0
    Hours/week
    2
  • Yolanda Davis

    DIRECTOR (AS OF 7/25)

    Total calculated
    $0
    Hours/week
    2
  • Rosemary Gill

    PRESIDENT & CEO

    Total calculated
    $194,147
    From this org
    $182,370
    From related orgs
    $0
    Other
    $11,777
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,370
    Bonus
    $0
    Other
    $0
    Deferred
    $5,304
    Nontaxable benefits
    $6,473
    Filer's total
    $194,147
  • Lisa Giuffre

    VP, FINANCE & OPERATIONS

    Total calculated
    $123,829
    From this org
    $120,366
    From related orgs
    $0
    Other
    $3,463
    Hours/week
    40
  • Nicole Merusi

    VP, STRATEGIC ADVANCEMENT

    Total calculated
    $128,907
    From this org
    $125,298
    From related orgs
    $0
    Other
    $3,609
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ZEITERION REALTY LLC

    MA · 1% owned · share of income $7,500 · share of assets $385,785

    Directly controlled by BRISTOL COUNTRY SAVINGS BANK

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ZEITERION REALTY MM LLC

    FORMED TO OWN, REHABILITATE AND LEASE THE HISTORIC THEATRE · MA · 100% owned · share of income $2 · share of assets $203

    Directly controlled by ZEITERION THEATRE INC

Provenance

Return type
form_990
Tax year
2025
Filed
26 June 2026
IRS schema version
2025v4.2
Source object
202621879349300147

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