Totals
- Total revenue
- $504,317
- Total expenses
- $462,929
- Contributions and grants received
- $183,088
- Grants paid
- $0
- Program service revenue
- $321,224
- Investment income
- $5
- Other revenue
- $0
- Total assets, end of year
- $405,045
- Total liabilities, end of year
- $82,283
- Net assets or fund balances, end of year
- $322,762
- Program services expenses (Part IX)
- $396,258
- Management and general expenses
- $53,964
- Fundraising expenses
- $12,707
- Program service expenses (Part III)
- $396,258
Program services were 85.6% 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.
-
1f · All other contributions, gifts and grants
$183,088
-
2a · Program service revenue: Programming - Ticket sales
total $162,128 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Programming - Concessions
total $147,952 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Programming - Merchandise
total $3,011 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Programming - Community outreach
total $8,133 · unrelated business $0 · excluded $0
-
3 · Investment income
total $5 · unrelated business $0 · excluded $5
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $132,698 · program services $95,884 · management and general $27,017 · fundraising $9,797
-
10 · Payroll taxes
total $10,852 · program services $7,922 · management and general $2,170 · fundraising $760
-
11c · Fees: accounting
total $8,829 · program services $0 · management and general $8,829 · fundraising $0
-
11g · Fees: other
total $250 · program services $0 · management and general $0 · fundraising $250
-
12 · Advertising and promotion
total $16,798 · program services $15,648 · management and general $0 · fundraising $1,150
-
13 · Office expenses
total $1,373 · program services $0 · management and general $1,373 · fundraising $0
-
16 · Occupancy
total $85,426 · program services $85,426 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $40,308 · program services $40,308 · management and general $0 · fundraising $0
-
23 · Insurance
total $7,211 · program services $7,211 · management and general $0 · fundraising $0
-
24a · Other expenses: License fees
total $53,309 · program services $53,309 · management and general $0 · fundraising $0
-
24b · Other expenses: Contractor fees
total $26,020 · program services $26,020 · management and general $0 · fundraising $0
-
24c · Other expenses: Event costs
total $1,057 · program services $1,057 · management and general $0 · fundraising $0
-
24d · Other expenses: Concessions
total $41,479 · program services $41,479 · management and general $0 · fundraising $0
-
24e · All other expenses
total $37,319 · program services $21,994 · management and general $14,575 · fundraising $750
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $148,688 · end of year $87,911
-
2 · Savings and temporary cash investments
beginning of year $11,760 · end of year $104,062
-
4 · Accounts receivable
end of year $5,455
-
10a · Land, buildings and equipment: cost or other basis
$508,294
-
10b · Land, buildings and equipment: accumulated depreciation
$300,677
-
10c · Land, buildings and equipment, net
beginning of year $185,131 · end of year $207,617
-
17 · Accounts payable and accrued expenses
beginning of year $14,148 · end of year $17,172
-
19 · Deferred revenue
end of year $65,111
-
27 · Net assets without donor restrictions
beginning of year $331,431 · end of year $322,762
Mission and programs · 2025
Mission
To ignite imagination, foster connection, and celebrate the art of storytelling
-
The theater presents first run films, documentaries, and classic movies year round. The theater sold tickets to both local residents and regional visitors. The programming supports cultural access, tourism, and economic activity to Elys downtown.
Expenses $333,071 · Revenue $371,110
-
The annual Ely Film Festival celebrates local storytelling and regional voices by bringing together residents and visitors to experience Minnesota- made, indigenous, and independent films.
Expenses $42,053 · Revenue $67,609
-
The theater hosts live music events and performances including a summer concert series and collaborations that all help strengthen the performing arts scene in rural Minnesota.
Expenses $21,134 · Revenue $65,598
As filed on the 2025 return.
Listed in Part VII
-
Meg Heiman
Chair
- Total calculated
- $0
- Hours/week
- 4.6
-
Justin Burum
Vice Chair
- Total calculated
- $0
- Hours/week
- 3.8
-
Karen McManus
Secretary
- Total calculated
- $0
- Hours/week
- 1.92
-
Peter Schamber
Treasurer
- Total calculated
- $0
- Hours/week
- 2.89
-
Tatiana Riabokin
Board Member
- Total calculated
- $0
- Hours/week
- 1.44
-
Lindsey Lang
Board Member
- Total calculated
- $0
- Hours/week
- 1.25
-
Susan Polege
Board Member
- Total calculated
- $0
- Hours/week
- 0.48
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
- 2025
- Filed
- 14 August 2026
- IRS schema version
- 2025v4.1
- Source object
- 202622269349301532
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.