Form 990 for tax year 2024
Filed by LITTLE THEATRE OF WINSTON-SALEM INC.
Totals
- Total revenue
- $595,454
- Total expenses
- $529,609
- Contributions and grants received
- $163,596
- Grants paid
- $0
- Program service revenue
- $368,403
- Investment income
- $24,465
- Other revenue
- $38,990
- Total assets, end of year
- $1,566,886
- Total liabilities, end of year
- $161,297
- Net assets or fund balances, end of year
- $1,405,589
- Program services expenses (Part IX)
- $357,861
- Management and general expenses
- $117,048
- Fundraising expenses
- $54,700
- Program service expenses (Part III)
- $357,861
Program services were 67.6% 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.
-
1e · Government grants (contributions)
$15,000
-
1f · All other contributions, gifts and grants
$148,596
-
1g · Noncash contributions included above
$4,050
-
2a · Program service revenue: PERFORMANCE TICKETS
total $294,999 · related or exempt $294,999
-
2b · Program service revenue: EDUCATION CLASS FEES
total $66,616 · related or exempt $66,616
-
2c · Program service revenue: RENTALS- COSTUMES
total $6,788 · related or exempt $6,788
-
3 · Investment income
total $24,465 · excluded $24,465
-
8a · Fundraising events: gross income
$18,058
-
8b · Fundraising events: direct expenses
$4,723
-
8c · Net income from fundraising events
total $13,335 · excluded $13,335
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $23,855 · related or exempt $23,855
-
11b · Other revenue: PROGRAM ADVERTISING
total $1,800 · unrelated business $1,800
-
11e · Other revenue, total
$25,655
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $51,487 · program services $12,872 · management and general $25,743 · fundraising $12,872
-
7 · Other salaries and wages
total $136,760 · program services $73,599 · management and general $28,559 · fundraising $34,602
-
9 · Other employee benefits
total $16,352 · program services $9,332 · management and general $2,877 · fundraising $4,143
-
10 · Payroll taxes
total $12,220 · program services $5,722 · management and general $3,415 · fundraising $3,083
-
11c · Fees: accounting
total $8,850 · program services $2,213 · management and general $6,637
-
12 · Advertising and promotion
total $11,890 · program services $10,430 · management and general $1,460
-
13 · Office expenses
total $3,798 · program services $890 · management and general $2,908
-
15 · Royalties
total $25,249 · program services $25,249
-
22 · Depreciation, depletion and amortization
total $11,173 · program services $11,173
-
23 · Insurance
total $4,341 · program services $2,908 · management and general $1,433
-
24a · Other expenses: LEASE COSTS
total $77,093 · program services $58,217 · management and general $18,876
-
24b · Other expenses: ARTIST FEES
total $52,344 · program services $52,344
-
24c · Other expenses: PROGRAM AND TICKET PRINTI
total $47,780 · program services $47,780
-
24d · Other expenses: MISCELLANEOUS
total $32,349 · program services $15,618 · management and general $16,731
-
24e · All other expenses
total $37,923 · program services $29,514 · management and general $8,409
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $193,160 · end of year $163,785
-
2 · Savings and temporary cash investments
beginning of year $136,497 · end of year $260,750
-
3 · Pledges and grants receivable
beginning of year $38,049 · end of year $10,000
-
4 · Accounts receivable
beginning of year $7,648 · end of year $9,401
-
9 · Prepaid expenses and deferred charges
beginning of year $55,359 · end of year $56,577
-
10a · Land, buildings and equipment: cost or other basis
$187,976
-
10b · Land, buildings and equipment: accumulated depreciation
$136,927
-
10c · Land, buildings and equipment, net
beginning of year $62,222 · end of year $51,049
-
12 · Investments: other securities
beginning of year $896,467 · end of year $1,015,324
-
17 · Accounts payable and accrued expenses
beginning of year $48,764 · end of year $50,044
-
19 · Deferred revenue
beginning of year $75,073 · end of year $89,691
-
24 · Unsecured notes and loans payable
beginning of year $28,658 · end of year $21,562
-
27 · Net assets without donor restrictions
beginning of year $456,864 · end of year $556,257
-
28 · Net assets with donor restrictions
beginning of year $780,043 · end of year $849,332
Mission and programs · 2024
Mission
THE MISSION IS TO PROVIDE THE COMMUNITY AN AVENUE FOR EDUCATION AND DEVELOPMENT IN ALL ASPECTS OF THEATRICAL ARTS AND TO PROVIDE ENTERTAINMENT FOR THE COMMUNITY BY OFFERING A SERIES OF WELL-STAGED PERFORMANCES OF LIVE THEATRE.
Activities or mission (Part I)
TO PROVIDE COMMUNITY THEATRE PRODUCTIONS AND ACCESSIBLE EDUCATIONAL OPPORTUNITIES IN THEATRE.
-
THEATRE PRODUCTION: PRODUCED AND PERFORMED 6 DIFFERENT THEATRE PRODUCTIONS AND PRESENTED A VARIETY OF NON-MAINSTAGE OFFERINGS WHICH INCLUDES 3 YOUTH PRODUCTIONS AND EDUCATIONAL CLASSES.
Expenses $279,034 · Revenue $325,642
-
EDUCATION: HELD CLASSES THROUGHOUT THE YEAR FOR BOTH CHILDREN AND ADULTS AND CREATED THEATRE PRODUCTIONS BY CHILDREN.
Expenses $78,827 · Revenue $66,616
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JOELLE IRONS
EXECUTIVE DI
- Total calculated
- $50,075
- From this org
- $42,763
- From related orgs
- $0
- Other
- $7,312
- Hours/week
- 40
-
JOSEPH BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN CRAVEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ED HANES JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN JOYCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW MCVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID SWIFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDY RINEHART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TAMISON JEWETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LOU ANN PACULA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MELISSA PELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SARAH JENKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTINE GORELICK END MAY 2025
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SALLY MEEHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
EPPIE JO MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATHY CISSNA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
JORDAN XU
VICE-PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH RIEF
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
MARK EDWARDS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
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
- 17 December 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503529349301410
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