Form 990 for tax year 2023
Filed by FRIENDS OF THE MIDWEST THEATER.
Totals
- Total revenue
- $713,034
- Total expenses
- $668,762
- Contributions and grants received
- $512,004
- Grants paid
- $0
- Program service revenue
- $195,703
- Investment income
- $5,327
- Other revenue
- $0
- Total assets, end of year
- $3,025,086
- Total liabilities, end of year
- $10,332
- Net assets or fund balances, end of year
- $3,014,754
- Program services expenses (Part IX)
- $459,510
- Management and general expenses
- $185,091
- Fundraising expenses
- $24,161
- Program service expenses (Part III)
- $459,510
Program services were 68.7% 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.
-
1b · Membership dues
$93,446
-
1e · Government grants (contributions)
$19,069
-
1f · All other contributions, gifts and grants
$399,489
-
2a · Program service revenue: PERFORMING ARTS, MOVIE AND EVENT TICKET SALES
total $135,505 · related or exempt $135,505
-
2b · Program service revenue: CONCESSIONS
total $52,105 · related or exempt $52,105
-
2c · Program service revenue: BUILDING USEAGE AND OTHER EVENTS
total $8,093 · related or exempt $8,093
-
3 · Investment income
total $5,327 · excluded $5,327
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $225,551 · program services $67,665 · management and general $135,331 · fundraising $22,555
-
10 · Payroll taxes
total $16,063 · program services $4,818 · management and general $9,639 · fundraising $1,606
-
11c · Fees: accounting
total $4,538 · management and general $4,538
-
12 · Advertising and promotion
total $4,691 · program services $4,691
-
13 · Office expenses
total $17,030 · program services $1,703 · management and general $15,327
-
22 · Depreciation, depletion and amortization
total $77,162 · program services $77,162
-
23 · Insurance
total $60,614 · program services $54,553 · management and general $6,061
-
24a · Other expenses: ARTIST AND MOVIE FEES
total $121,283 · program services $121,283
-
24b · Other expenses: COST OF GOODS SOLD
total $45,616 · program services $45,616
-
24c · Other expenses: REPAIRS
total $25,127 · program services $25,127
-
24d · Other expenses: UTILITIES
total $42,697 · program services $42,697
-
24e · All other expenses
total $28,390 · program services $14,195 · management and general $14,195
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $244,244 · end of year $405,996
-
2 · Savings and temporary cash investments
beginning of year $181,017
-
10a · Land, buildings and equipment: cost or other basis
$3,974,389
-
10b · Land, buildings and equipment: accumulated depreciation
$1,552,441
-
10c · Land, buildings and equipment, net
beginning of year $1,765,068 · end of year $2,421,948
-
11 · Investments: publicly traded securities
beginning of year $253,918 · end of year $197,142
-
17 · Accounts payable and accrued expenses
beginning of year $18,110 · end of year $10,332
Mission and programs · 2023
Mission
TO ENHANCE THE ARTS COMMUNITY WITHIN THE NEBRASKA PANHANDLE BY PRESERVINCG THE HISTORIC MIDWEST THEATER FOR PRESENT AND FUTURE GENERATIONS AND NURTURING A LIVELY COMMUNITY THROUGH THE PRESENTATION OF MAINSTREAM AND SPECIALTY FILMS, PERFORMING AND VISUAL ARTS, SCHOOL, HUMANITIES, CULTURAL AND COMMUNITY EDUCATIONAL PROGRAMMING.
Activities or mission (Part I)
PRESERVATION AND PUBLIC ENJOYMENT OF A HISTORIC THEATER BUILDING. ENJOYMENT INCLUDES MOVIES, PERFORMING ARTS, YOUTH ARTS AND EDUCATION AND COMMUNITY EVENTS.
-
THE FRIENDS OF THE MIDWEST THEATER ACQUIRED AND TOTALLY REMODELED A CLASSIC OLD THEATER. THE THEATER IS NOW USED FOR VARIOUS ENTERTAINMENT EVENTS FOR ALL SEGMENTS OF THE POPULATION IN WESTERN NEBRASKA. THE OPERATION USES THE SERICES OF MORE THAN 300 VOLUNTEERS EACH YEAR TO COMPLETE ITS EXEMPT PURPOSE.
Expenses $382,348 · Revenue $195,703
-
ALL OTHER ACCOMPLISHMENTS - FRIENDS OF THE MIDWEST THEATER ACQUIRED HISTORICALLY SIGNIFICANT BUILDINGS, TOTALLY RENOVATING THE SRUCTURES, AND MAKING THEM AVAILABLE FOR CULTURAL EVENTS FROM MOVIES TO LIVE THEATER PRODUCTIONS. THOUSANDS OF INDIVIDUALS HAVE ENJOYED THE PRODUCTIONS IN THE FACILITY.
Expenses $77,162
As filed on the 2023 return.
Listed in Part VII
-
Sharyn WholersSHARYN WHOLERS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mary RobinsonMARY ROBINSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Troy CowanTROY COWAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Laurie AlkireLAURIE ALKIRE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Shirley BurfordSHIRLEY BURFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim FergusonKIM FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lorin KingLORIN KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dick MeyerDICK MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill PetersBILL PETERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn RahmigMARILYN RAHMIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stew RuschSTEW RUSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracy SteeleTRACY STEELE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Allen TaylorALLEN TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larita Van BoskirkLARITA VAN BOSKIRK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff TracyJEFF TRACY
EX OFFICIO OFFICER
- Total calculated
- $0
- Hours/week
- 1
-
Tomina WorthmanTOMINA WORTHMAN
EXECUTIVE DIRECTOR
- Total calculated
- $60,000
- From this org
- $60,000
- From related orgs
- $0
- Other
- $0
- 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
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v6.0
- Source object
- 202601279349304360
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