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Nonprofiteer
← BROADWATER PRODUCTIONS INC

Form 990 for tax year 2022

Filed by BROADWATER PRODUCTIONS INC.

Totals

Total revenue
$1,187,198
Total expenses
$1,273,463
Contributions and grants received
$365,769
Grants paid
$23,607
Program service revenue
$742,778
Investment income
$5,682
Other revenue
$72,969
Total assets, end of year
$1,346,358
Total liabilities, end of year
$376,093
Net assets or fund balances, end of year
$970,265
Program services expenses (Part IX)
$1,003,385
Management and general expenses
$195,500
Fundraising expenses
$74,578
Program service expenses (Part III)
$1,003,385

Program services were 78.8% 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.

  • 1a · Federated campaigns

    $2,594

  • 1b · Membership dues

    $39,650

  • 1c · Fundraising events

    $87,011

  • 1e · Government grants (contributions)

    $31,600

  • 1f · All other contributions, gifts and grants

    $204,914

  • 1g · Noncash contributions included above

    $12,185

  • 2a · Program service revenue: MAINSTAGE THEATRE

    total $403,589 · related or exempt $403,589

  • 2b · Program service revenue: THEATRE SCHOOL

    total $223,953 · related or exempt $223,953

  • 2c · Program service revenue: SUMMER THEATRE SCHOOL

    total $115,236 · related or exempt $115,236

  • 3 · Investment income

    total $5,350 · excluded $5,350

  • 6a · Gross rents

    real property $25,150 · personal property $300

  • 6b · Less rental expenses

    real property $0 · personal property $109

  • 6c · Rental income or loss

    real property $25,150 · personal property $191

  • 6d · Net rental income or loss

    total $25,341 · related or exempt $25,341

  • 7a · Gross sales of assets other than inventory

    other assets $500

  • 7b · Less cost or other basis and sales expenses

    other assets $168

  • 7c · Gain or loss

    other assets $332

  • 7d · Net gain or loss

    total $332 · related or exempt $332

  • 8a · Fundraising events: gross income

    $65,674

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

    $87,011

  • 8b · Fundraising events: direct expenses

    $32,377

  • 8c · Net income from fundraising events

    total $33,297 · excluded $33,297

  • 9a · Gaming: gross income

    $19,860

  • 9b · Gaming: direct expenses

    $5,529

  • 9c · Net income from gaming

    total $14,331 · excluded $14,331

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $23,607 · program services $23,607

  • 5 · Compensation of officers, directors and key employees

    total $62,533 · program services $12,507 · management and general $37,520 · fundraising $12,506

  • 7 · Other salaries and wages

    total $534,579 · program services $455,018 · management and general $32,624 · fundraising $46,937

  • 9 · Other employee benefits

    total $34,603 · program services $23,501 · management and general $6,731 · fundraising $4,371

  • 10 · Payroll taxes

    total $51,080 · program services $40,042 · management and general $6,079 · fundraising $4,959

  • 11c · Fees: accounting

    total $2,000 · management and general $2,000

  • 11g · Fees: other

    total $12,830 · program services $12,830

  • 12 · Advertising and promotion

    total $31,018 · program services $28,906 · management and general $1,432 · fundraising $680

  • 13 · Office expenses

    total $46,915 · program services $29,188 · management and general $15,963 · fundraising $1,764

  • 14 · Information technology

    total $20,206 · program services $4,966 · management and general $15,006 · fundraising $234

  • 15 · Royalties

    total $38,927 · program services $38,927

  • 16 · Occupancy

    total $97,039 · program services $44,111 · management and general $52,104 · fundraising $824

  • 17 · Travel

    total $30,924 · program services $27,868 · management and general $3,056

  • 19 · Conferences, conventions and meetings

    total $5,996 · program services $795 · management and general $4,004 · fundraising $1,197

  • 22 · Depreciation, depletion and amortization

    total $44,506 · program services $44,506

  • 23 · Insurance

    total $16,002 · program services $210 · management and general $15,792

  • 24a · Other expenses: THEATRE SCHOOL

    total $124,613 · program services $120,348 · management and general $3,159 · fundraising $1,106

  • 24b · Other expenses: PRODUCTION

    total $96,085 · program services $96,055 · management and general $30

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $679,240 · end of year $609,866

  • 2 · Savings and temporary cash investments

    beginning of year $136,665 · end of year $137,485

  • 4 · Accounts receivable

    beginning of year $69,191 · end of year $59,068

  • 9 · Prepaid expenses and deferred charges

    beginning of year $64,944 · end of year $44,213

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

    $748,715

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

    $408,994

  • 10c · Land, buildings and equipment, net

    beginning of year $360,032 · end of year $339,721

  • 11 · Investments: publicly traded securities

    beginning of year $130,232 · end of year $156,005

  • 17 · Accounts payable and accrued expenses

    beginning of year $143,052 · end of year $75,985

  • 19 · Deferred revenue

    beginning of year $246,621 · end of year $300,108

  • 27 · Net assets without donor restrictions

    beginning of year $990,098 · end of year $905,854

  • 28 · Net assets with donor restrictions

    beginning of year $60,533 · end of year $64,411

Mission and programs · 2022

Mission

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

  • GRANDSTREET PRODUCES EIGHT MAINSTAGE PRODUCTIONS ANNUALLY IN OUR 200-SEAT BEAUTIFUL TURN-OF-THE-CENTURY ROMANESQUE GRANITE CHURCH. SUSTAINED BY APPROXIMATELY 200 VOLUNTEERS FROM AN EXCEPTIONALLY TALENTED POPULATION, GRANDSTREET'S MAINSTAGE PRODUCTIONS BRING IN APPROXIMATELY 17,000 AUDIENCE MEMBERS ANNUALLY. FOR 47 YEARS, GRANDSTREET THEATRE HAS PROVIDED MONTANA'S CAPITAL REGION WITH OPPORTUNITIES TO EXPERIENCE AND PARTICIPATE IN LOCALLY GROWN, SUSTAINABLE, WORLD CLASS THEATRE.

    Expenses $533,200 · Revenue $429,262

  • GRANDSTREET THEATRE SCHOOL IS WIDELY REGARDED AS ONE OF THE FINEST AFTER-SCHOOL THEATRE PROGRAMS OF ITS KIND ANYWHERE IN THE COUNTRY. IN 2015, DIRECTOR OF EDUCATION MARIANNE ADAMS WAS SELECTED BY THE AMERICAN THEATRE WING AS ONE OF THE TOP THREE THEATRE EDUCATORS IN THE U.S. AND WAS CONSIDERED A TONY NOMINEE IN THE FIRST YEAR OF THEIR DISTINGUISHED THEATRE EDUCATOR TONY AWARD. SHE WAS ALSO AWARDED THE FREDDY GERSHON FELLOWSHIP, AN AWARD FROM MUSIC THEATRE INTERNATIONAL FOR OUTSTANDING THEATRE EDUCATION LEADERSHIP. OUR THEATRE SCHOOL HAS REGULARLY GARNERED TOP AWARDS AT THE NATIONAL JUNIOR THEATRE FESTIVAL IN THE PAST 10 YEARS. OUR THEATRE SCHOOL IS MORE THAN 36 YEARS OLD AND REGULARLY ENROLLS MORE THAN 350 ATTENDEES EACH SCHOOL YEAR.

    Expenses $380,680 · Grants $23,607 · Revenue $223,953

  • GRANDSTREET SUMMER THEATRE SCHOOL IS A MORE THAN 36-YEAR TRADITION THAT IS ATTENDED BY AROUND 400 STUDENTS EACH YEAR. THE SUMMER FACULTY IS COMPRISED OF PROFESSIONAL ACTOR/TEACHERS WHO PERFORM IN OUR SUMMER SEASON AND TEACH CLASSES FOR OUR CAMP. WE ALSO OFFER MINI-CAMPS ON SPECIALIZED TOPICS.

    Expenses $89,505 · Revenue $115,236

As filed on the 2022 return.

Listed in Part VII

  • Jen Davis

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Hope Morrison

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Dr Will Snider

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Meghan Bronec

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Stan Kaleczyc

    LEGAL ADVISOR

    Total calculated
    $0
    Hours/week
    1

  • Kate Dramstad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alvaro Freyre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Heather Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jon Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jamey Petersen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Tucker Jr

    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

  • Corinne Woods

    MANAGING DIRECTOR

    Total calculated
    $5,542
    From this org
    $5,542
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kal Poole

    FORMER MANAGING DIRECTOR

    Total calculated
    $59,544
    From this org
    $54,710
    From related orgs
    $0
    Other
    $4,834
    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
2022
Filed
7 May 2024
IRS schema version
2022v5.0
Source object
202421289349302482

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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