Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $14,847,965

• 1g · Noncash contributions included above

  $137,596

• 2a · Program service revenue: TICKET SALES

  total $16,890,904 · related or exempt $16,890,904

• 2b · Program service revenue: CONCESSIONS

  total $2,630,449 · excluded $2,630,449

• 2c · Program service revenue: PROGRAM ADVERTISING

  total $176,400 · unrelated business $176,400

• 3 · Investment income

  total $1,358,345 · excluded $1,358,345

• 5 · Royalties

  total $4,114 · excluded $4,114

• 6a · Gross rents

  real property $34,135

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $34,135

• 6d · Net rental income or loss

  total $34,135 · excluded $34,135

• 7a · Gross sales of assets other than inventory

  securities $12,081,653

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

  securities $11,770,153 · other assets $1,006

• 7c · Gain or loss

  securities $311,500 · other assets -$1,006

• 7d · Net gain or loss

  total $310,494 · excluded $310,494

• 11a · Other revenue: TICKET HANDLING

  total $337,789 · related or exempt $337,789

• 11b · Other revenue: INSURANCE PROCEEDS

  total $326,827 · related or exempt $326,827

• 11c · Other revenue: PENSION RELATED ADJUSTMENT

  total $213,340 · related or exempt $213,340

• 11d · All other revenue

  total $80,815 · related or exempt $80,815

• 11e · Other revenue, total

  $958,771

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,212,655 · program services $575,027 · management and general $637,628

• 7 · Other salaries and wages

  total $12,023,207 · program services $9,776,252 · management and general $1,744,909 · fundraising $502,046

• 8 · Pension plan contributions

  total $1,065,068 · program services $881,779 · management and general $182,070 · fundraising $1,219

• 9 · Other employee benefits

  total $1,563,970 · program services $760,075 · management and general $793,871 · fundraising $10,024

• 10 · Payroll taxes

  total $904,812 · program services $697,018 · management and general $168,802 · fundraising $38,992

• 11b · Fees: legal

  total $67,348 · management and general $67,348

• 11c · Fees: accounting

  total $377,047 · management and general $377,047

• 11f · Fees: investment management

  total $2,938 · management and general $2,938

• 12 · Advertising and promotion

  total $577,056 · program services $577,056

• 13 · Office expenses

  total $354,472 · program services $110,253 · management and general $239,848 · fundraising $4,371

• 16 · Occupancy

  total $210,576 · management and general $210,576

• 17 · Travel

  total $212,243 · program services $189,231 · management and general $23,012

• 19 · Conferences, conventions and meetings

  total $33,331 · management and general $33,189 · fundraising $142

• 20 · Interest

  total $639,915 · management and general $639,915

• 22 · Depreciation, depletion and amortization

  total $2,517,584 · program services $1,992,924 · management and general $524,660

• 24a · Other expenses: THEATRICAL PRODUCTION

  total $7,088,380 · program services $6,877,864 · management and general $210,503 · fundraising $13

• 24b · Other expenses: MDSE CONCESSION

  total $1,075,846 · program services $1,075,846

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $819,075 · management and general $819,075

• 24d · Other expenses: OTHER EXPENSES

  total $491,254 · program services $5,783 · management and general $387,039 · fundraising $98,432

• 24e · All other expenses

  total $534,616 · program services $534,616

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,593,128 · end of year $996,225

• 3 · Pledges and grants receivable

  beginning of year $15,728,632 · end of year $15,359,051

• 4 · Accounts receivable

  beginning of year $737,503 · end of year $546,664

• 9 · Prepaid expenses and deferred charges

  beginning of year $196,288 · end of year $260,210

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

  $83,141,883

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

  $25,020,760

• 10c · Land, buildings and equipment, net

  beginning of year $56,843,159 · end of year $58,121,123

• 11 · Investments: publicly traded securities

  beginning of year $38,069,324 · end of year $48,085,243

• 15 · Other assets

  beginning of year $3,844,575 · end of year $4,227,898

• 17 · Accounts payable and accrued expenses

  beginning of year $17,103,368 · end of year $14,185,970

• 25 · Other liabilities

  beginning of year $268,694 · end of year $268,044

• 27 · Net assets without donor restrictions

  beginning of year $60,489,936 · end of year $61,434,689

• 28 · Net assets with donor restrictions

  beginning of year $39,150,611 · end of year $51,707,711

The filer's explanations (Part III)

PART I, LINE 7

ANY NON-FIXED PAYMENTS ARE MADE AT THE DISCRETION OF THE PRESIDENT AND CEO BASED ON THE EMPLOYEE'S PERFORMANCE.

PART II, COLUMN C:

THE MUNICIPAL THEATRE ASSOCIATION OF ST. LOUIS (THE ASSOCIATION) HAS A NONCONTRIBUTORY DEFINED BENEFIT PLAN COVERING ALL FULL-TIME EMPLOYEES WHO MEET CRITERIA SPECIFIED BY THE PLAN. THE ASSOCIATION UTILIZIES A THIRD-PARTY ACTUARY TO DETERMINE THE PLAN CONTRIBUTIONS AND ACTUARIAL VALUE EACH YEAR. ANNUAL INCREASES AND DECREASES IN ACTUARIAL VALUES, INCLUDING REASONABLE ESTIMATES, ARE NOT READILY AVAILABLE. THE TOTAL CHANGE IN VALUE IS RECOGNIZED IN THE ASSOCIATION'S AUDITED FINANCIALS REPORTED ON THE FORM 990.