City Theater Associates Inc 205 Main St

Organization Overview

City Theater Associates Inc 205 Main St is located in Biddeford, ME. The organization was established in 1978. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, City Theater Associates Inc 205 Main St employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Theater Associates Inc 205 Main St is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, City Theater Associates Inc 205 Main St generated $316.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $286.2k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO EDUCATE THE GENERAL PUBLIC BY PRESENTING THEATRICAL PRODUCTIONS INTENDED TO FOSTER APPRECIATION OF THE THEATER AND PERFORMING ARTS IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE THEATER WELCOMED THE COMMUNITY BACK TO LIVE PERFORMANCES ONCE COVID RELATED RESTRICTION WERE LIFTED. CITY THEATER PRODUCED FIVE MAIN STAGE SHOWS FOR THE 2021/2022 SEASON. CITY THEATER IS ACHIEVING ITS MISSION OF EDUCATING THE GENERAL PUBLIC BY PROVIDING AN EXCELLENT VARIETY OF QUALITY PERFORMING ARTS IN A MOST HISTORIC AND BEAUTIFUL SETTING.


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Board, Officers & Key Employees

Name (title)Compensation
Briana Chu
Secretary
$0
Steve Ellis
Vice Preside
$0
Karen Gallagher
Treasurer
$0
Mark Nahorney
President
$0
Barbara Kelley
Board Member
$0
Irene Lemay
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $60,000
All other contributions, gifts, grants, and similar amounts not included above$68,892
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$128,892
Total Program Service Revenue$175,448
Investment income $689
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,425
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $7,794
Miscellaneous Revenue$0
Total Revenue $316,671

Grants Recieved

Over the last fiscal year, we have identified 1 grants that City Theater Associates Inc 205 Main St has recieved totaling $2,500.

Awarding OrganizationAmount
Saco & Biddeford Savings Charitable Foundation

Saco, ME

PURPOSE: GENERAL OPERATING SUPPORT

$2,500
View Grant Recipient Profile

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