Totals
- Total revenue
- $175,194
- Total expenses
- $175,357
- Contributions and grants received
- $43,444
- Grants paid
- $0
- Program service revenue
- $158,056
- Investment income
- $3
- Other revenue
- -$26,309
- Total assets, end of year
- $40,885
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $40,885
- Program services expenses (Part IX)
- $150,991
- Management and general expenses
- $24,366
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $150,991
Program services were 86.1% 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)
$33,250
-
1f · All other contributions, gifts and grants
$10,194
-
2a · Program service revenue: THEATRE REVENUE
total $158,056 · related or exempt $158,056
-
3 · Investment income
total $3 · excluded $3
-
10a · Gross sales of inventory
$15,932
-
10b · Cost of goods sold
$42,241
-
10c · Net income from sales of inventory
total -$26,309 · excluded -$26,309
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $3,274 · management and general $3,274
-
12 · Advertising and promotion
total $6,014 · program services $6,014
-
13 · Office expenses
total $6,076 · program services $3,038 · management and general $3,038
-
15 · Royalties
total $25,657 · program services $25,657
-
16 · Occupancy
total $33,587 · program services $22,503 · management and general $11,084
-
22 · Depreciation, depletion and amortization
total $7,648 · program services $7,648
-
23 · Insurance
total $584 · program services $391 · management and general $193
-
24a · Other expenses: STIPENDS
total $46,760 · program services $46,760 · management and general $0
-
24b · Other expenses: COSTUMES & PROPS
total $14,469 · program services $14,469 · management and general $0
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $13,554 · program services $6,777 · management and general $6,777
-
24d · Other expenses: SET DESIGN
total $8,838 · program services $8,838 · management and general $0
-
24e · All other expenses
total $8,896 · program services $8,896
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $17,821 · end of year $25,305
-
10a · Land, buildings and equipment: cost or other basis
$35,654
-
10b · Land, buildings and equipment: accumulated depreciation
$20,074
-
10c · Land, buildings and equipment, net
beginning of year $23,227 · end of year $15,580
-
27 · Net assets without donor restrictions
beginning of year $41,048 · end of year $40,885
Mission and programs · 2023
Mission
TO BRING PROFESSIONAL QUALITY ENTERTAINMENT TO THE COMMUNITY, PROVIDING AN EXCEPTIONAL EXPERIENCE FOR BOTH OUR AUDIENCE MEMBERS AND VOLUNTEERS.
-
BROUGHT A DREAM OF OPENING A NEW THEATER COMPANY IN MANKATO TO REALITY.
Expenses $150,991 · Revenue $158,056
As filed on the 2023 return.
Listed in Part VII
-
Lori HolmesLORI HOLMES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
David HolmesDAVID HOLMES
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jeremy MegerJEREMY MEGER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Matthew AtwoodMATTHEW ATWOOD
DIRECTOR
- 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
- 2023
- Filed
- 7 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501349349311225
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