Totals
- Total revenue
- $4,990,598
- Total expenses
- $1,847,313
- Contributions and grants received
- $3,482,177
- Grants paid
- $0
- Program service revenue
- $1,314,275
- Investment income
- $24,326
- Other revenue
- $169,820
- Total assets, end of year
- $5,664,683
- Total liabilities, end of year
- $763,126
- Net assets or fund balances, end of year
- $4,901,557
- Program services expenses (Part IX)
- $1,306,012
- Management and general expenses
- $529,400
- Fundraising expenses
- $11,901
- Program service expenses (Part III)
- $1,306,012
Program services were 70.7% 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
$42,788
-
1e · Government grants (contributions)
$30,000
-
1f · All other contributions, gifts and grants
$3,409,389
-
1g · Noncash contributions included above
$3,284,888
-
2a · Program service revenue: TICKET SALES & FEES
total $1,068,153 · related or exempt $1,068,153
-
2b · Program service revenue: OTHER EVENT RELATED IN
total $246,122 · related or exempt $246,122
-
3 · Investment income
total $39,646 · excluded $39,646
-
7b · Less cost or other basis and sales expenses
other assets $15,320
-
7c · Gain or loss
other assets -$15,320
-
7d · Net gain or loss
total -$15,320 · related or exempt -$15,320
-
10a · Gross sales of inventory
$197,123
-
10b · Cost of goods sold
$47,805
-
10c · Net income from sales of inventory
total $149,318 · excluded $149,318
-
11a · Other revenue: CHANGE IN CCCF ASSETS
total $20,502 · excluded $20,502
-
11e · Other revenue, total
$20,502
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $68,472 · program services $8,464 · management and general $49,958 · fundraising $10,050
-
7 · Other salaries and wages
total $522,723 · program services $191,854 · management and general $330,869
-
9 · Other employee benefits
total $17,102 · program services $12,827 · management and general $3,420 · fundraising $855
-
10 · Payroll taxes
total $48,242 · program services $17,731 · management and general $29,585 · fundraising $926
-
11c · Fees: accounting
total $6,151 · management and general $6,151
-
11g · Fees: other
total $5,560 · program services $1,026 · management and general $4,482 · fundraising $52
-
12 · Advertising and promotion
total $69,617 · program services $69,617
-
13 · Office expenses
total $34,798 · program services $6,529 · management and general $28,251 · fundraising $18
-
14 · Information technology
total $11,510 · program services $9,208 · management and general $2,302
-
16 · Occupancy
total $66,137 · program services $52,910 · management and general $13,227
-
20 · Interest
total $15,987 · program services $12,790 · management and general $3,197
-
22 · Depreciation, depletion and amortization
total $212,397 · program services $169,918 · management and general $42,479
-
23 · Insurance
total $26,435 · program services $17,711 · management and general $8,724
-
24a · Other expenses: SHOW EXPENSES
total $708,409 · program services $708,409
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $33,773 · program services $27,018 · management and general $6,755
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,002 · end of year $54,353
-
2 · Savings and temporary cash investments
beginning of year $732,178 · end of year $732,019
-
4 · Accounts receivable
beginning of year $52,156 · end of year $120,389
-
8 · Inventories for sale or use
beginning of year $2,551 · end of year $2,790
-
9 · Prepaid expenses and deferred charges
beginning of year $6,522 · end of year $7,263
-
10a · Land, buildings and equipment: cost or other basis
$8,361,306
-
10b · Land, buildings and equipment: accumulated depreciation
$3,810,347
-
10c · Land, buildings and equipment, net
beginning of year $4,600,372 · end of year $4,550,959
-
15 · Other assets
beginning of year $176,408 · end of year $196,910
-
17 · Accounts payable and accrued expenses
beginning of year $64,317 · end of year $64,066
-
19 · Deferred revenue
beginning of year $171,566 · end of year $256,891
-
23 · Secured mortgages and notes payable
beginning of year $2,250,146 · end of year $442,169
-
25 · Other liabilities
beginning of year $1,334,888 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,738,272 · end of year $4,881,557
-
28 · Net assets with donor restrictions
beginning of year $20,000 · end of year $20,000
Mission and programs · 2024
Mission
THE STATE THEATRE IS A NON-PROFIT, PERFORMING ARTS CENTER WHOSE MISSION IS TO ENTERTAIN, ENRICH, EDUCATE, AND INSPIRE.
Activities or mission (Part I)
COMMUNITY PERFORMING ARTS CENTER
-
THE STATE THEATRE OPENED IN DECEMBER 2006 AS A COMMUNITY OWNED AND OPERATED PERFORMING ARTS CENTER. WE ARE LOCATED IN DOWNTOWN STATE COLLEGE, ACROSS THE STREET FROM PENN STATE UNIVERSITY. WE ENRICH THE COMMUNITY'S CULTURAL OPPORTUNITIES WITH DIVERSE LOCAL AND REGIONAL PERFORMANCES, NATIONAL TOURING ACTS, SIMULCASTS OF METROPOLITAN OPERA PERFORMANCES, AND INDEPENDENT, CLASSIC, AND FOREIGN FILMS. IN FY 25, OVER 42,000 PATRONS EXPERIENCED 65 NATIONAL TOURING ACTS, 40 PRESENTATIONS OF LOCAL PERFORMING ARTS GROUPS, 206 DIVERSE MOVIE SHOWINGS, AND 7 METROPOLITAN OPERA PERFORMANCES. THE THEATRE WAS UTILIZED AN ADDITIONAL 55 TIMES BY VARIOUS COMMUNITY ORGANIZATIONS, SUCH AS CHILDREN'S DANCE ENSEMBLES, AS WELL AS UNIVERSITY HOSTED SYMPOSIUMS AND UNDERGRADUATE CLASSES IN THEATRE AND DRAMA.
Expenses $1,306,012 · Revenue $1,314,275
As filed on the 2024 return.
Listed in Part VII
-
Kurt BurnierKURT BURNIER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Jim FrenchJIM FRENCH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Keith KarakoKEITH KARAKO
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Russell BloomRUSSELL BLOOM
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Jay BartlettJAY BARTLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Aj BradleyAJ BRADLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Patrick DobyPATRICK DOBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Vivian FleischerVIVIAN FLEISCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Kirk FrenchKIRK FRENCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jeff HydeJEFF HYDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Kirk LarterKIRK LARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Greg Van HornGREG VAN HORN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Mary WujekMARY WUJEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John RattieJOHN RATTIE
EXECUTIVE DIRECTOR
- Total calculated
- $65,148
- From this org
- $65,148
- 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
- 2024
- Filed
- 15 September 2026
- IRS schema version
- 2024v5.5
- Source object
- 202602589349301985
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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