L A Public Theatre Inc
- Assets
- $1.8m
- Revenue
- $894.2k
- Investments
- $441.3k
- Employees
- 33
- Location
- Auburn, ME
- Founding
- 02/1992
- Data as of
- 06/2023
- EIN
- 01-0466131
Organization Overview
L A Public Theatre Inc is located in Auburn, ME. The organization was established in 1992. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, L A Public Theatre Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L A Public Theatre Inc 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 06/2023, L A Public Theatre Inc generated $894.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $862.8k during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY EXPOSURE TO THE THEATRICAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THEATRE PROVIDED MAIN-STAGE THEATRICAL PERFORMANCES, CHILDREN'S SHOWS, AND A CHRISTMAS SPECIAL. REVENUES WERE GENERATED FROM TICKET SALES, CONCESSIONS AT PERFORMANCES, FUNDRAISERS IN THE COMMUNITY, DONATIONS, GRANTS, AND OTHER PUBLIC SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Schario Trustee & Director | Trustee | 40 | $64,000 |
Thomas Platz Treasurer | OfficerTrustee | 5 | $0 |
Peter Kowalski Trustee | Trustee | 5 | $0 |
Kari Grant-Gagnon President | OfficerTrustee | 2 | $0 |
Jennifer Malloy Vice President/secretary | OfficerTrustee | 2 | $0 |
Colby Michaud Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $663,476 |
| Noncash contributions included in lines 1a–1f | $24,869 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,476 |
| Total Program Service Revenue | $204,924 |
| Investment income | $3,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,965 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $894,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,000 |
| Compensation of current officers, directors, key employees. | $24,357 |
| Compensation to disqualified persons | $359,889 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,000 |
| Payroll taxes | $37,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $638 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,864 |
| Insurance | $50,583 |
| All other expenses | $74,149 |
| Total functional expenses | $862,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,815 |
| Savings and temporary cash investments | $62,988 |
| Pledges and grants receivable | $12,500 |
| Accounts receivable, net | $314 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,089 |
| Net Land, buildings, and equipment | $1,255,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $441,310 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,828,661 |
| Accounts payable and accrued expenses | $8,426 |
| Grants payable | $0 |
| Deferred revenue | $37,951 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,377 |
| Net assets without donor restrictions | $1,769,784 |
| Net assets with donor restrictions | $12,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,828,661 |