Center Theatre Inc
- Assets
- $1.6m
- Revenue
- $465.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Doverfoxcroft, ME
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 01-0520096
Organization Overview
Center Theatre Inc is located in Doverfoxcroft, ME. The organization was established in 1999. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Center Theatre Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center 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 12/2021, Center Theatre Inc generated $465.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $389.6k during the year ending 12/2021. While expenses have increased by 5.2% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE ARTS, EDUCATION, AND ENTERTAINMENT ACCESSIBLE TO OUR RURAL COMMUNITIES TO ENGAGE AND INSPIRE.
Describe the Organization's Program Activity:
OTHER PROGRAM SERVICE ACCOMPLISHMENTS - FESTIVAL, DRAMA CAMP,INCLUDING CONCESSIONS RELATED TO THEATRE USE AND MAKING THE THEATRE AVAILABLE TO LOCAL AND REGIONAL ORGANIZATIONS FOR RENT. THESE RENTALS PROVIDE AN OPPORTUNITY FOR OTHER GROUPS AND ORGANIZATIONS TO HAVE A PROFESSIONAL SPACE TO PRESENT SHOWS, RAISE FUNDS AND CONTRIBUTE TO THE CULTURAL INFRASTRUCTURE OF OUR COMMUNITY.
MOVIE PROGRAMMING - BRINGING NEW RELEASES, DOCUMENTARIES, CLASSIC MOVIES AND HISTORIES TO OUR COMMUNITY. APPROXIMATELY 50 MOVIES WERE SHOWN, SERVING AN ESTIMATED 10,000 PEOPLE. OUR MISSION IS TO MAKE ARTS, EDUCATION, AND ENTERTAINMENT ACCESSIBLE TO OUR RURAL COMMUNITIES TO ENGAGE AND INSPIRE.
CONCERTS & LIVE PROGRAMMING, INCLUDING COMMUNITY THEATRE - BRINGING ARTISTS AND PERFORMERS TO OUR RURAL AREA FOR PERFORMANCES, CONCERTS, THEATRICAL PRODUCTIONS AND EVENTS. WE PRESENTED APPROXIMATELY 20 EVENTS SERVING APPROXIMATELY 2,500 PEOPLE. OUR MISSION IS TO MAKE ARTS, EDUCATION, AND ENTERTAINMENT ACCESSIBLE TO OUR RURAL COMMUNITIES TO ENGAGE AND INSPIRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Myers Executive Dir. | Officer | 40 | $45,450 |
Marie Miller Secretary | OfficerTrustee | 0 | $0 |
Kristen Gilbert Vice President | OfficerTrustee | 0 | $0 |
Cynthia Freeman Cyr President | OfficerTrustee | 0 | $0 |
Alicia Stone Treasurer | OfficerTrustee | 0 | $0 |
Annabelle Rhoda Frmr Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,322 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,109 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,431 |
| Total Program Service Revenue | $146,900 |
| Investment income | $8,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $465,054 |
| 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. | $45,451 |
| Compensation of current officers, directors, key employees. | $11,363 |
| Compensation to disqualified persons | $51,236 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,157 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $261 |
| Fees for services: Accounting | $5,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,043 |
| Fees for services: Other | $12,600 |
| Advertising and promotion | $19,039 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,627 |
| Travel | $41 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,213 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,859 |
| Insurance | $2,597 |
| All other expenses | $26,561 |
| Total functional expenses | $389,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,938 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,310,221 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $199,825 |
| Total assets | $1,573,984 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $42,652 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,180 |
| Total liabilities | $50,832 |
| Net assets without donor restrictions | $1,433,941 |
| Net assets with donor restrictions | $89,211 |
| 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 | $1,573,984 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Center Theatre Inc has recieved totaling $48,000.
| Awarding Organization | Amount |
|---|---|
Davis Family Foundation Yarmouth, ME PURPOSE: Digital Projector Upgrade | $15,000 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Theater | $13,000 |
Maine Development Foundation Hallowell, ME PURPOSE: Economic Development | $12,500 |
Maine Humanities Council Portland, ME PURPOSE: SUPPORT OPERATIONS | $7,500 |
Endowment Analysis
| Beg. Balance | $101,270 |
| Earnings | $24,373 |
| Admin Expense | $2,643 |
| Net Contributions | $61,530 |
| Ending Balance | $184,530 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pineland Farms Inc New Gloucester, ME | $0 | $7,727,361 |
Friends Of Katahdin Woods And Waters Portland, ME | $3,235,909 | $4,395,380 |
Castle Preservation Society Moultonborough, NH | $5,902,914 | $2,624,802 |
New Hampshire Preservation Alliance Concord, NH | $1,795,974 | $996,866 |
Sanborn Mills Inc Loudon, NH | $9,770,900 | $2,099,813 |
Redington Memorial Home Skowhegan, ME | $5,676,421 | $807,313 |
Plant Memorial Home Bath, ME | $3,482,192 | $671,466 |
Northeast Historic Film Bucksport, ME | $2,734,855 | $505,796 |
American Lighthouse Foundation Rockland, ME | $2,266,614 | $410,919 |
Kaler-Vaill Memorial Home Scarborough, ME | $8,374,987 | $683,742 |
Rochester Opera House Inc Rochester, NH | $977,163 | $769,630 |
Brooks Preservation Society Unity, ME | $1,366,306 | $367,590 |