Form 990 for tax year 2022
Filed by COMMUNITY THEATRE OF CEDAR RAPIDS INC.
Totals
- Total revenue
- $2,501,526
- Total expenses
- $3,138,801
- Contributions and grants received
- $1,124,920
- Grants paid
- $0
- Program service revenue
- $1,303,155
- Investment income
- $2,280
- Other revenue
- $71,171
- Total assets, end of year
- $3,082,380
- Total liabilities, end of year
- $1,191,200
- Net assets or fund balances, end of year
- $1,891,180
- Program services expenses (Part IX)
- $2,682,587
- Management and general expenses
- $183,570
- Fundraising expenses
- $272,644
- Program service expenses (Part III)
- $2,682,587
Program services were 85.5% 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.
-
1c · Fundraising events
$21,314
-
1d · Related organizations
$75,000
-
1e · Government grants (contributions)
$111,191
-
1f · All other contributions, gifts and grants
$917,415
-
1g · Noncash contributions included above
$100,045
-
2a · Program service revenue: PRODUCTION REVENUE
total $995,170 · related or exempt $995,170
-
2b · Program service revenue: RESERVATION FEES
total $214,028 · related or exempt $214,028
-
2c · Program service revenue: EDUCATIONAL PROGRAMS
total $71,864 · related or exempt $71,864
-
2d · Program service revenue: FACILITY RENTALS
total $15,923 · related or exempt $15,923
-
2e · Program service revenue: ADVERTISING SALES
total $6,170 · unrelated business $6,170
-
3 · Investment income
total $2,280 · excluded $2,280
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$21,314
-
8b · Fundraising events: direct expenses
$8,914
-
8c · Net income from fundraising events
total -$8,914 · excluded -$8,914
-
10a · Gross sales of inventory
$168,343
-
10b · Cost of goods sold
$109,144
-
10c · Net income from sales of inventory
total $59,199 · related or exempt $59,199
-
11a · Other revenue: OTHER REVENUE
total $20,886 · related or exempt $20,886
-
11e · Other revenue, total
$20,886
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $133,969 · program services $113,874 · management and general $13,397 · fundraising $6,698
-
7 · Other salaries and wages
total $894,419 · program services $780,304 · management and general $39,322 · fundraising $74,793
-
8 · Pension plan contributions
total $13,990 · program services $12,235 · management and general $539 · fundraising $1,216
-
9 · Other employee benefits
total $98,937 · program services $86,531 · management and general $3,808 · fundraising $8,598
-
10 · Payroll taxes
total $95,458 · program services $83,048 · management and general $4,773 · fundraising $7,637
-
11b · Fees: legal
total $169 · management and general $169
-
11c · Fees: accounting
total $25,300 · management and general $25,300
-
11g · Fees: other
total $22,214 · management and general $22,214
-
12 · Advertising and promotion
total $157,337 · program services $157,337
-
13 · Office expenses
total $159,951 · program services $139,157 · management and general $7,998 · fundraising $12,796
-
15 · Royalties
total $232,213 · program services $232,213
-
16 · Occupancy
total $241,419 · program services $210,035 · management and general $12,071 · fundraising $19,313
-
20 · Interest
total $16,955 · management and general $16,955
-
22 · Depreciation, depletion and amortization
total $78,037 · program services $67,892 · management and general $3,902 · fundraising $6,243
-
23 · Insurance
total $51,076 · program services $44,436 · management and general $2,554 · fundraising $4,086
-
24a · Other expenses: CONTRACT SERVICES
total $436,020 · program services $405,753 · management and general $28,265 · fundraising $2,002
-
24b · Other expenses: PRODUCTION AND ARTISTIC
total $331,840 · program services $331,840
-
24c · Other expenses: CAPITAL CAMPAIGN EXPENS
total $88,658 · fundraising $88,658
-
24d · Other expenses: DEVELOPMENT
total $40,604 · fundraising $40,604
-
24e · All other expenses
total $20,235 · program services $17,932 · management and general $2,303
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $747,589 · end of year $162,748
-
3 · Pledges and grants receivable
beginning of year $20,000 · end of year $150,000
-
4 · Accounts receivable
beginning of year $38,889 · end of year $4,794
-
8 · Inventories for sale or use
beginning of year $3,947 · end of year $3,947
-
9 · Prepaid expenses and deferred charges
beginning of year $106,151 · end of year $106,428
-
10a · Land, buildings and equipment: cost or other basis
$983,606
-
10b · Land, buildings and equipment: accumulated depreciation
$741,713
-
10c · Land, buildings and equipment, net
beginning of year $271,075 · end of year $241,893
-
15 · Other assets
beginning of year $2,322,065 · end of year $2,412,570
-
17 · Accounts payable and accrued expenses
beginning of year $121,737 · end of year $157,559
-
19 · Deferred revenue
beginning of year $92,826 · end of year $165,417
-
23 · Secured mortgages and notes payable
beginning of year $3,723
-
25 · Other liabilities
beginning of year $0 · end of year $868,224
-
27 · Net assets without donor restrictions
beginning of year $1,072,706 · end of year $282,497
-
28 · Net assets with donor restrictions
beginning of year $2,218,724 · end of year $1,608,683
Mission and programs · 2022
Mission
THEATRE CEDAR RAPIDS STRIVES TO CAPTIVATE AND INSPIRE THROUGH THE THEATRICAL AND PERFORMING ARTS. TCR'S VISION IS TO BE A CULTURAL POINT OF PRIDE, CONNECTION, INCLUSION, AND LEARNING, INVIGORATING GROWTH IN THE COMMUNITY.
-
THEATER PRODUCTIONS: EACH YEAR, TCR WELCOMES OVER 40,000 VISITORS TO A ROBUST SEASON OF MUSICALS AND PLAYS WITH ADDITIONAL WORK, FROM NATIONAL CELEBRITY PERFORMERS TO COMEDY, BURLESQUE, AND MUCH MORE. THE FOLLOWING PRODUCTIONS WERE HELD:- 5 MAIN AUDITORIUM PRODUCTIONS FOR 76 PERFORMANCES- 3 GRANDON PRODUCTION FOR 27 PERFORMANCES- 2 BRUCEMORE PRODUCTIONS FOR 22 PERFORMANCES- 1 SPECIAL EVENTS FOR 2 PERFORMANCES- 2 RENTALS FOR 5 PERFORMANCES
Expenses $2,427,445 · Revenue $1,305,206
-
EDUCATIONAL PROGRAMS: A TOTAL OF 801 YOUTH PARTICIPATED IN A RANGE OF VIRTUAL AND ONSITE EDUCATION PROGRAMS INCLUDING CLASSES AND CAMPS.
Expenses $255,142 · Revenue $71,864
As filed on the 2022 return.
Listed in Part VII
-
Olson TylerOLSON TYLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.8 + 1 related
-
Smith LeightonSMITH LEIGHTON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.8 + 1 related
-
McGrath MurphyMCGRATH MURPHY
TREASURER
- Total calculated
- $0
- Hours/week
- 0.8 + 1 related
-
Erenberger LeannERENBERGER LEANN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.8 + 1 related
-
Klein JamesKLEIN JAMES
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.8 + 1 related
-
Baxter DanBAXTER DAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Beardsworth JimBEARDSWORTH JIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Beisker MichelleBEISKER MICHELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Carroll PatriceCARROLL PATRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Davis TerriDAVIS TERRI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Fell TravisFELL TRAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Hanson EricHANSON ERIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jensen MichelleJENSEN MICHELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kunz PattiKUNZ PATTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Langdon ErinLANGDON ERIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Link JessicaLINK JESSICA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Livengood HileryLIVENGOOD HILERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Madsen SarahMADSEN SARAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mowinkle MalloryMOWINKLE MALLORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Streit SusieSTREIT SUSIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Terukina CathyTERUKINA CATHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Thoemig JesseTHOEMIG JESSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Hallman KatieHALLMAN KATIE
EXECUTIVE DIRECTOR
- Total calculated
- $122,654
- From this org
- $98,046
- From related orgs
- $0
- Other
- $24,608
- 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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COMMUNITY THEATRE BUILDING CORPORATION
501(C)(3) · LESSOR OF BUILDING · IA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430899349300133
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