Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $258,342

• 1e · Government grants (contributions)

  $76,000

• 1f · All other contributions, gifts and grants

  $1,764,862

• 1g · Noncash contributions included above

  $67,306

• 2a · Program service revenue: Theatre Performances

  total $3,582,443 · related or exempt $3,582,443

• 2b · Program service revenue: Co-Production

  total $118,430 · related or exempt $118,430

• 2c · Program service revenue: Education

  total $92,144 · related or exempt $92,144

• 2d · Program service revenue: Management Fees

  total $48,303 · related or exempt $48,303

• 3 · Investment income

  total $134,698 · excluded $134,698

• 5 · Royalties

  total $16 · excluded $16

• 6a · Gross rents

  real property $4,278

• 6b · Less rental expenses

  real property $853

• 6c · Rental income or loss

  real property $3,425

• 6d · Net rental income or loss

  total $3,425 · excluded $3,425

• 7a · Gross sales of assets other than inventory

  securities $179,663

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

  securities $0

• 7c · Gain or loss

  securities $179,663

• 7d · Net gain or loss

  total $179,663 · excluded $179,663

• 8a · Fundraising events: gross income

  $21,100

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

  $258,342

• 8b · Fundraising events: direct expenses

  $70,197

• 8c · Net income from fundraising events

  total -$49,097 · excluded -$49,097

• 10a · Gross sales of inventory

  $248,617

• 10b · Cost of goods sold

  $103,792

• 10c · Net income from sales of inventory

  total $144,825 · related or exempt $144,825

• 11a · Other revenue: Other Income

  total $76,090 · related or exempt $76,090

• 11e · Other revenue, total

  $76,090

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $379,825 · program services $233,759 · management and general $107,679 · fundraising $38,387

• 7 · Other salaries and wages

  total $3,100,853 · program services $2,555,576 · management and general $378,647 · fundraising $166,630

• 8 · Pension plan contributions

  total $88,077 · program services $68,420 · management and general $17,378 · fundraising $2,279

• 9 · Other employee benefits

  total $458,770 · program services $406,134 · management and general $32,095 · fundraising $20,541

• 10 · Payroll taxes

  total $267,515 · program services $216,359 · management and general $34,916 · fundraising $16,240

• 11g · Fees: other

  total $476,866 · program services $280,227 · management and general $104,181 · fundraising $92,458

• 12 · Advertising and promotion

  total $342,275 · program services $340,524 · fundraising $1,751

• 13 · Office expenses

  total $340,355 · program services $188,193 · management and general $130,288 · fundraising $21,874

• 15 · Royalties

  total $258,292 · program services $258,292

• 16 · Occupancy

  total $282,741 · program services $277,502 · management and general $2,769 · fundraising $2,470

• 17 · Travel

  total $283,586 · program services $262,767 · management and general $13,026 · fundraising $7,793

• 20 · Interest

  total $27,407 · program services $5,737 · management and general $21,670

• 22 · Depreciation, depletion and amortization

  total $257,559 · program services $254,954 · management and general $2,579 · fundraising $26

• 23 · Insurance

  total $54,778 · program services $49,963 · management and general $4,534 · fundraising $281

• 24a · Other expenses: Bad Debt Expense

  total $844,870 · management and general $844,870

• 24b · Other expenses: Artistic Fees

  total $459,113 · program services $459,113

• 24c · Other expenses: Scenery, Props, Costume

  total $262,880 · program services $262,880

• 24d · Other expenses: Co-Production Costs

  total $134,502 · program services $134,502

• 24e · All other expenses

  total $412,095 · program services $353,686 · management and general $6,712 · fundraising $51,697

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,635,164 · end of year $628,973

• 2 · Savings and temporary cash investments

  beginning of year $40,850 · end of year $199,362

• 3 · Pledges and grants receivable

  beginning of year $975,065 · end of year $477,995

• 4 · Accounts receivable

  beginning of year $28,830 · end of year $89,948

• 8 · Inventories for sale or use

  beginning of year $13,592 · end of year $10,710

• 9 · Prepaid expenses and deferred charges

  beginning of year $110,909 · end of year $211,496

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

  $9,375,009

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

  $1,713,803

• 10c · Land, buildings and equipment, net

  beginning of year $1,331,159 · end of year $7,661,206

• 11 · Investments: publicly traded securities

  beginning of year $5,619,472 · end of year $5,778,943

• 12 · Investments: other securities

  end of year $20,693

• 13 · Investments: program-related

  beginning of year $1,500,083

• 15 · Other assets

  beginning of year $6,078,609 · end of year $753,895

• 17 · Accounts payable and accrued expenses

  beginning of year $642,200 · end of year $589,801

• 19 · Deferred revenue

  beginning of year $2,001,605 · end of year $1,869,616

• 23 · Secured mortgages and notes payable

  beginning of year $1,514,755 · end of year $1,468,788

• 25 · Other liabilities

  beginning of year $0 · end of year $787,601

• 27 · Net assets without donor restrictions

  beginning of year $10,399,411 · end of year $8,475,493

• 28 · Net assets with donor restrictions

  beginning of year $2,775,762 · end of year $2,641,922

The filer's explanations (Part III)

Part I, Line 3

See Schedule O for the process used in determining the Executive Director's and Artistic Director's salaries.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• Geva Landlord LLC

  Rental of Space · NY

  Directly controlled by Geva Manager LLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Geva Manager LLC

  C · Real Estate Investment · NY · 100% owned · share of income $161,383 · controlled entity

  Directly controlled by Geva Theatre Center Inc