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Nonprofiteer
← ASHEVILLE COMMUNITY THEATRE INC

Form 990 for tax year 2022

Filed by ASHEVILLE COMMUNITY THEATRE INC.

Totals

Total revenue
$935,505
Total expenses
$1,102,420
Contributions and grants received
$353,908
Grants paid
$0
Program service revenue
$546,895
Investment income
$1,399
Other revenue
$33,303
Total assets, end of year
$2,461,129
Total liabilities, end of year
$346,507
Net assets or fund balances, end of year
$2,114,622
Program services expenses (Part IX)
$969,384
Management and general expenses
$92,888
Fundraising expenses
$40,148
Program service expenses (Part III)
$969,384

Program services were 87.9% 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)

    $142,888

  • 1f · All other contributions, gifts and grants

    $211,020

  • 2a · Program service revenue: BOX OFFICE AND AUTUMN PLAYERS

    total $517,369 · related or exempt $517,369

  • 2b · Program service revenue: CONCESSIONS

    total $29,526 · related or exempt $29,526

  • 3 · Investment income

    total $1,399 · excluded $1,399

  • 6a · Gross rents

    real property $4,428

  • 6c · Rental income or loss

    real property $4,428

  • 6d · Net rental income or loss

    total $4,428 · excluded $4,428

  • 8a · Fundraising events: gross income

    $16,008

  • 8b · Fundraising events: direct expenses

    $648

  • 8c · Net income from fundraising events

    total $15,360 · excluded $15,360

  • 11a · Other revenue: MISCELLANEOUS

    total $7,880 · excluded $7,880

  • 11b · Other revenue: PLAYBILL ADVERTISING

    total $5,635 · excluded $5,635

  • 11e · Other revenue, total

    $13,515

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $509,815 · program services $433,342 · management and general $50,982 · fundraising $25,491

  • 9 · Other employee benefits

    total $30,992 · program services $26,343 · management and general $3,099 · fundraising $1,550

  • 10 · Payroll taxes

    total $44,229 · program services $37,595 · management and general $4,423 · fundraising $2,211

  • 11a · Fees: management

    total $16,373 · program services $13,917 · management and general $1,637 · fundraising $819

  • 11b · Fees: legal

    total $3,740 · management and general $3,740

  • 11c · Fees: accounting

    total $24,440 · program services $18,330 · management and general $6,110

  • 11g · Fees: other

    total $21,550 · program services $21,384 · management and general $166

  • 12 · Advertising and promotion

    total $34,306 · program services $27,444 · management and general $5,146 · fundraising $1,716

  • 13 · Office expenses

    total $22,650 · program services $18,913 · management and general $2,519 · fundraising $1,218

  • 14 · Information technology

    total $7,382 · program services $6,275 · management and general $738 · fundraising $369

  • 16 · Occupancy

    total $25,682 · program services $19,262 · management and general $3,852 · fundraising $2,568

  • 20 · Interest

    total $1,566 · program services $1,174 · management and general $392

  • 23 · Insurance

    total $19,570 · program services $16,634 · management and general $1,957 · fundraising $979

  • 24a · Other expenses: PRODUCTION EXPENSE

    total $199,671 · program services $199,671

  • 24b · Other expenses: TICKET MANAGER SOFTWARE

    total $24,567 · program services $24,567

  • 24c · Other expenses: GROUNDS AND MAINTENANCE

    total $23,954 · program services $21,559 · management and general $2,395

  • 24d · Other expenses: BANK FEES

    total $23,037 · program services $17,277 · management and general $3,456 · fundraising $2,304

  • 24e · All other expenses

    total $68,896 · program services $65,697 · management and general $2,276 · fundraising $923

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $266,932 · end of year $254,376

  • 2 · Savings and temporary cash investments

    beginning of year $174,846 · end of year $75,016

  • 3 · Pledges and grants receivable

    beginning of year $82,380 · end of year $91,168

  • 4 · Accounts receivable

    beginning of year $3,791 · end of year $13,360

  • 9 · Prepaid expenses and deferred charges

    beginning of year $43,874 · end of year $46,478

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

    $2,855,019

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

    $1,319,309

  • 10c · Land, buildings and equipment, net

    beginning of year $1,534,871 · end of year $1,535,710

  • 12 · Investments: other securities

    beginning of year $308,765 · end of year $308,765

  • 15 · Other assets

    beginning of year $136,256 · end of year $136,256

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,771 · end of year $77,743

  • 19 · Deferred revenue

    beginning of year $45,882 · end of year $81,879

  • 24 · Unsecured notes and loans payable

    beginning of year $143,858 · end of year $186,885

  • 27 · Net assets without donor restrictions

    beginning of year $1,968,004 · end of year $1,581,245

  • 28 · Net assets with donor restrictions

    beginning of year $350,200 · end of year $533,377

Mission and programs · 2022

Mission

TO PROVIDE ENTERTAINMENT, ENRICHMENT, AND EDUCATION THROUGH THE PRACTICE AND CELEBRATION OF THE THEATRE ARTS. OUR VISION IS FOR THE THEATRE TO BE AN INTEGRAL PART OF THE COMMUNITY.

  • OPERATING A COMMUNITY THEATRE WHICH PROVIDES QUALITY THEATRICAL PRODUCTIONS FOR AND BY MEMBERS OF THE ASHEVILLE, NORTH CAROLINA AREA.

    Expenses $969,384 · Revenue $546,895

As filed on the 2022 return.

Listed in Part VII

  • Elizabeth Huddleston

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Craig Justus

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    4

  • Susan Maley

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Bray Creech

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Rick Manheim

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Andrew Atherton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Hickling Beckman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rob Bowen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Damian Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lance Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robin Turner Oswald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lupe Perez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karen Teel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Whilden

    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
2022
Filed
15 July 2024
IRS schema version
2022v5.0
Source object
202411979349301516

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