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Nonprofiteer
← BROADWATER PRODUCTIONS INC

Form 990 for tax year 2024

Filed by BROADWATER PRODUCTIONS INC.

Totals

Total revenue
$1,474,172
Total expenses
$1,521,689
Contributions and grants received
$471,189
Grants paid
$43,434
Program service revenue
$939,849
Investment income
$10,653
Other revenue
$52,481
Total assets, end of year
$1,119,880
Total liabilities, end of year
$485,504
Net assets or fund balances, end of year
$634,376
Program services expenses (Part IX)
$1,218,714
Management and general expenses
$177,133
Fundraising expenses
$125,842
Program service expenses (Part III)
$1,218,714

Program services were 80.1% 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

    $66,642

  • 1e · Government grants (contributions)

    $32,957

  • 1f · All other contributions, gifts and grants

    $371,590

  • 1g · Noncash contributions included above

    $7,579

  • 2a · Program service revenue: MAINSTAGE THEATRE

    total $542,896 · related or exempt $542,896

  • 2b · Program service revenue: THEATRE SCHOOL

    total $259,846 · related or exempt $259,846

  • 2c · Program service revenue: SUMMER THEATRE SCHOOL

    total $137,107 · related or exempt $137,107

  • 3 · Investment income

    total $10,653 · excluded $10,653

  • 6a · Gross rents

    real property $27,563 · personal property $2,450

  • 6b · Less rental expenses

    real property $177 · personal property $1,331

  • 6c · Rental income or loss

    real property $27,386 · personal property $1,119

  • 6d · Net rental income or loss

    total $28,505 · related or exempt $28,505

  • 8a · Fundraising events: gross income

    $46,068

  • 8a · Fundraising events: contributions included on line 1c

    $66,642

  • 8b · Fundraising events: direct expenses

    $38,278

  • 8c · Net income from fundraising events

    total $7,790 · excluded $7,790

  • 9a · Gaming: gross income

    $19,392

  • 9b · Gaming: direct expenses

    $5,263

  • 9c · Net income from gaming

    total $14,129 · excluded $14,129

  • 11a · Other revenue: PROGRAM ADVERTISING

    total $2,057 · unrelated business $2,057

  • 11e · Other revenue, total

    $2,057

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $43,434 · program services $43,434

  • 5 · Compensation of officers, directors and key employees

    total $81,341 · program services $16,268 · management and general $48,805 · fundraising $16,268

  • 7 · Other salaries and wages

    total $583,477 · program services $543,138 · management and general $29,331 · fundraising $11,008

  • 9 · Other employee benefits

    total $27,337 · program services $18,343 · management and general $6,601 · fundraising $2,393

  • 10 · Payroll taxes

    total $57,367 · program services $48,275 · management and general $6,813 · fundraising $2,279

  • 11c · Fees: accounting

    total $2,660 · management and general $2,660

  • 11e · Fees: professional fundraising services

    total $90,000 · fundraising $90,000

  • 11g · Fees: other

    total $3,120 · program services $2,620 · management and general $500

  • 12 · Advertising and promotion

    total $35,391 · program services $26,091 · management and general $7,630 · fundraising $1,670

  • 13 · Office expenses

    total $52,761 · program services $43,125 · management and general $8,200 · fundraising $1,436

  • 14 · Information technology

    total $34,774 · program services $24,611 · management and general $10,163

  • 15 · Royalties

    total $37,438 · program services $37,438

  • 16 · Occupancy

    total $116,116 · program services $74,149 · management and general $41,967

  • 17 · Travel

    total $22,765 · program services $22,415 · management and general $52 · fundraising $298

  • 19 · Conferences, conventions and meetings

    total $6,827 · program services $5,099 · management and general $1,728

  • 22 · Depreciation, depletion and amortization

    total $39,614 · program services $39,614

  • 23 · Insurance

    total $16,086 · program services $6,279 · management and general $9,807

  • 24a · Other expenses: THEATRE SCHOOL

    total $157,072 · program services $154,837 · management and general $2,235

  • 24b · Other expenses: PRODUCTION

    total $114,109 · program services $112,978 · management and general $641 · fundraising $490

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $389,141 · end of year $302,063

  • 2 · Savings and temporary cash investments

    beginning of year $139,682 · end of year $141,766

  • 4 · Accounts receivable

    beginning of year $39,190 · end of year $103,724

  • 9 · Prepaid expenses and deferred charges

    beginning of year $78,481 · end of year $61,483

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

    $795,351

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

    $491,464

  • 10c · Land, buildings and equipment, net

    beginning of year $330,450 · end of year $303,887

  • 11 · Investments: publicly traded securities

    beginning of year $176,726 · end of year $206,957

  • 17 · Accounts payable and accrued expenses

    beginning of year $137,379 · end of year $73,667

  • 19 · Deferred revenue

    beginning of year $349,050 · end of year $411,837

  • 27 · Net assets without donor restrictions

    beginning of year $490,515 · end of year $458,923

  • 28 · Net assets with donor restrictions

    beginning of year $176,726 · end of year $175,453

Mission and programs · 2024

Mission

TO BRIGHTEN HELENA, MONTANA AND ELEVATE THE HUMAN SPIRIT THROUGH LIVE THEATRE AND THEATRE EDUCATION.

  • GRANDSTREET PRODUCES 8 MAINSTAGE THEATRE PRODUCTIONS ANNUALLY IN OUR HISTORIC 200-SEAT THEATRE. PRODUCTIONS RANGE FROM PLAYS LIKE NOISES OFF TO LARGE MUSICALS LIKE MARY POPPINS. THREE PRODUCTIONS FEATURE STUDENTS FROM THE GRANDSTREET THEATRE SCHOOL, FOUR FEATURE COMMUNITY ACTORS, AND ONE OR TWO FEATURE A MIXED COMPANY OF COMMUNITY ACTORS, PROFESSIONAL ARTISTS FROM ACROSS THE COUNTRY, AND THEATRE SCHOOL STUDENTS. THE THEATRE WELCOMES ABOUT 20,000 PATRONS ANNUALLY.

    Expenses $746,527 · Revenue $571,401

  • GRANDSTREET THEATRE SCHOOL IS A NATIONALLY RECOGNIZED AFTER-SCHOOL THEATRICAL EDUCATION PROGRAM FOR STUDENTS IN KINDERGARTEN THROUGH HIGH SCHOOL. STUDENTS LEARN ABOUT ALL ASPECTS OF THEATRE-MAKING IN A FUN AND RIGOROUS ENVIRONMENT. THE PROGRAM OFFERS MERIT AND NEED-BASED SCHOLARSHIPS TO STUDENTS.

    Expenses $372,563 · Grants $43,434 · Revenue $259,846

  • GRANDSTREET SUMMER THEATRE SCHOOL CONSISTS OF ALL- AND HALF-DAY CAMPS TEACHING A RANGE OF THEATRICAL SKILLS FOR K-12 STUDENTS. CLASSES INCLUDE A TWO-WEEK-LONG SUMMER THEATRE CAMP, AN INTENSIVE ACTING CONSERVATORY FOR STUDENTS 13+, AND "THEATRE FOR SOCIAL SKILLS" FOR NEURODIVERSE STUDENTS.

    Expenses $99,624 · Revenue $137,107

As filed on the 2024 return.

Listed in Part VII

  • Hope Morrison

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Kate Dramstad

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Emily Hilliard

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Laura Rennick

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Dan Whyte

    LEGAL ADVISOR

    Total calculated
    $0
    Hours/week
    1
  • Alvaro Freyre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Carney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Heather Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawn Whyte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Rausch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rex Walsh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bayard Leonard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robyn Madison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Meranda Bass

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Danielle Wineman

    MANAGING DIRECTOR

    Total calculated
    $64,707
    From this org
    $61,162
    From related orgs
    $0
    Other
    $3,545
    Hours/week
    40
  • Corinne Woods

    FORMER MANAGING DIRECTOR

    Total calculated
    $77,364
    From this org
    $71,668
    From related orgs
    $0
    Other
    $5,696
    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.

Provenance

Return type
form_990
Tax year
2024
Filed
23 March 2026
IRS schema version
2024v5.5
Source object
202630979349300333

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