Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $630,899

• 1e · Government grants (contributions)

  $2,590,360

• 1f · All other contributions, gifts and grants

  $4,074,396

• 2a · Program service revenue: TICKET SALES

  total $12,669,273 · related or exempt $12,669,273

• 2b · Program service revenue: PARKING/CONCESSIONS

  total $3,422,378 · related or exempt $3,422,378

• 2c · Program service revenue: SPONSORSHIPS

  total $559,023 · related or exempt $559,023

• 2d · Program service revenue: PRODUCTION REVENUE

  total $362,068 · related or exempt $362,068

• 2e · Program service revenue: EDUCATION REVENUE

  total $11,950 · related or exempt $11,950

• 3 · Investment income

  total $943,783 · excluded $943,783

• 7a · Gross sales of assets other than inventory

  securities $4,428,801 · other assets $31,003

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

  securities $4,314,017 · other assets $0

• 7c · Gain or loss

  securities $114,784 · other assets $31,003

• 7d · Net gain or loss

  total $145,787 · excluded $145,787

• 8a · Fundraising events: gross income

  $98,704

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

  $630,899

• 8b · Fundraising events: direct expenses

  $149,575

• 8c · Net income from fundraising events

  total -$50,871 · excluded -$50,871

• 9a · Gaming: gross income

  $3,960

• 9b · Gaming: direct expenses

  $1,600

• 9c · Net income from gaming

  total $2,360 · excluded $2,360

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $26,139 · unrelated business $499 · excluded $25,640

• 11b · Other revenue: CORPORATE CARD REBATES

  total $6,279 · excluded $6,279

• 11c · Other revenue: UNREDEEMED GIFT CERTIF

  total $4,603 · excluded $4,603

• 11e · Other revenue, total

  $37,021

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $16,495 · program services $16,495

• 5 · Compensation of officers, directors and key employees

  total $1,620,392 · program services $893,049 · management and general $568,430 · fundraising $158,913

• 7 · Other salaries and wages

  total $2,725,382 · program services $1,975,812 · management and general $334,144 · fundraising $415,426

• 8 · Pension plan contributions

  total $90,413 · program services $41,629 · management and general $48,784

• 9 · Other employee benefits

  total $232,936 · program services $152,686 · management and general $35,706 · fundraising $44,544

• 10 · Payroll taxes

  total $299,074 · program services $205,873 · management and general $52,429 · fundraising $40,772

• 11b · Fees: legal

  total $36,404 · program services $29,900 · management and general $6,264 · fundraising $240

• 11c · Fees: accounting

  total $34,308 · management and general $34,308

• 11e · Fees: professional fundraising services

  total $106,127 · fundraising $106,127

• 11f · Fees: investment management

  total $42,611 · management and general $42,611

• 11g · Fees: other

  total $1,523,696 · program services $1,338,052 · management and general $103,285 · fundraising $82,359

• 12 · Advertising and promotion

  total $832,783 · program services $823,307 · management and general $750 · fundraising $8,726

• 13 · Office expenses

  total $105,080 · program services $26,920 · management and general $75,070 · fundraising $3,090

• 14 · Information technology

  total $147,062 · program services $98,463 · management and general $44,635 · fundraising $3,964

• 15 · Royalties

  total $272,202 · program services $272,202

• 16 · Occupancy

  total $389,995 · program services $389,995

• 17 · Travel

  total $257,109 · program services $197,220 · management and general $44,689 · fundraising $15,200

• 22 · Depreciation, depletion and amortization

  total $1,459,348 · program services $1,205,666 · management and general $253,682

• 23 · Insurance

  total $137,343 · management and general $137,343

• 24a · Other expenses: SHOW COSTS

  total $8,656,677 · program services $8,656,677

• 24b · Other expenses: COST OF GOODS SOLD

  total $1,679,858 · program services $1,678,869 · management and general $989

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $288,876 · program services $260,252 · management and general $28,624

• 24d · Other expenses: SUPPLIES

  total $276,722 · program services $260,670 · management and general $5,611 · fundraising $10,441

• 24e · All other expenses

  total $802,084 · program services $650,858 · management and general $17,845 · fundraising $133,381

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $356,961 · end of year $357,086

• 2 · Savings and temporary cash investments

  beginning of year $15,189,498 · end of year $14,052,940

• 3 · Pledges and grants receivable

  beginning of year $3,532,547 · end of year $3,594,346

• 4 · Accounts receivable

  beginning of year $701,691 · end of year $114,696

• 8 · Inventories for sale or use

  beginning of year $63,618 · end of year $59,372

• 9 · Prepaid expenses and deferred charges

  beginning of year $602,100 · end of year $624,469

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

  $43,887,285

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

  $26,571,813

• 10c · Land, buildings and equipment, net

  beginning of year $12,957,673 · end of year $17,315,472

• 11 · Investments: publicly traded securities

  beginning of year $10,392,587 · end of year $11,711,914

• 13 · Investments: program-related

  beginning of year $725,000 · end of year $763,000

• 15 · Other assets

  beginning of year $235,177 · end of year $286,545

• 17 · Accounts payable and accrued expenses

  beginning of year $1,543,252 · end of year $941,674

• 19 · Deferred revenue

  beginning of year $9,239,140 · end of year $9,645,871

• 27 · Net assets without donor restrictions

  beginning of year $22,365,779 · end of year $22,699,741

• 28 · Net assets with donor restrictions

  beginning of year $11,608,681 · end of year $15,592,554

The filer's explanations (Part III)

PART I, LINE 3

STARLIGHT THEATRE ASSOCIATION OF KANSAS CITY SEEKS TO PROVIDE A REASONABLE AND COMPETITIVE EXECUTIVE TOTAL COMPENSATION OPPORTUNITY CONSISTENT WITH MARKET-BASED COMPENSATION PRACTICES FOR INDIVIDUALS POSSESSING THE EXPERIENCE AND SKILLS NEEDED TO IMPROVE THE OVERALL PERFORMANCE OF STARLIGHT AND ACCOMPLISH ITS EXEMPT PURPOSE AND MISSION. THE BOARD OF DIRECTORS OF STARLIGHT REVIEWS COMPENSATION STUDY AND OTHER PUBLIC NONPROFIT DATA FOR CEO COMPENSATION.