Red River Theatres Inc
- Assets
- $1.4m
- Revenue
- $980.0k
- Investments
- $0.0
- Employees
- 18
- Location
- Concord, NH
- Founding
- 08/2001
- Data as of
- 06/2022
- EIN
- 02-0521681
Organization Overview
Red River Theatres Inc is located in Concord, NH. The organization was established in 2001. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Red River Theatres Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red River Theatres 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 06/2022, Red River Theatres Inc generated $980.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $707.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESENT FILM AND DISCUSSION OF FILM AS A WAY TO ENTERTAIN, (SEE SCHEDULE O)BROADEN HORIZONS AND DEEPEN APPRECIATION OF LIFE FOR NEW HAMPSHIRE AUDIENCES OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIOR TO MARCH 17, 2020, RED RIVER THEATRES, INC ("RRT") WAS OPEN 7DAYS A WEEK UNTIL FORCED TO CLOSE DUE TO THE COVID19 PANDEMIC. RRT REOPENED IN JULY 2021 STARTING WITH 3DAYS A WEEK AND THEN EXPANDING TO 4DAYS A WEEK BY JUNE 2022.RED RIVER THEATRES SOLD TICKETS, SCREENED FILMS AND HOSTED FILM FESTIVALS. GUESTS ARE ABLE TO CHOOSE FROM THE BEST IN INDEPENDENT FILMS, DOCUMENTARIES, FOREIGN, AND CLASSIC FILMS. SCREENINGS OFTEN INCLUDE POSTFILM DISCUSSION WITH THE FILMMAKERS, EXPERTS, OR PROFESSIONALS SPEAKING ON THE TOPICS AND THEMES IN THE FILM AND OFFER AUDIENCES THE OPPORTUNITY TO ASK QUESTIONS AND START CONVERSATIONS. RED RIVER THEATRES IS ALSO A VENUE FOR LOCAL AND FIRSTTIME FILMMAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristyn Van Ostern Chair | OfficerTrustee | 4 | $0 |
Karen Horsch Vice-Chair | OfficerTrustee | 4 | $0 |
Susan Paschell Board Member | Trustee | 4 | $0 |
Christine Ojendyk Treasurer | OfficerTrustee | 4 | $0 |
Andrew Luce Past Chair (resigned) | Trustee | 4 | $0 |
Amanda Brendell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $713 |
| Membership dues | $75,988 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $572,381 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,291 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $793,373 |
| Total Program Service Revenue | $159,397 |
| Investment income | $776 |
| 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 | $26,427 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $979,973 |
| 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. | $76,626 |
| Compensation of current officers, directors, key employees. | $25,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,791 |
| Pension plan accruals and contributions | $273 |
| Other employee benefits | $130 |
| Payroll taxes | $19,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,027 |
| Advertising and promotion | $16,735 |
| Office expenses | $7,167 |
| Information technology | $18,397 |
| Royalties | $0 |
| Occupancy | $171,573 |
| Travel | $1,492 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,343 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,150 |
| Insurance | $11,187 |
| All other expenses | $4,477 |
| Total functional expenses | $707,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,880 |
| Savings and temporary cash investments | $747,853 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,220 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $548,393 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,000 |
| Total assets | $1,380,096 |
| Accounts payable and accrued expenses | $42,221 |
| Grants payable | $0 |
| Deferred revenue | $61,548 |
| 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 | $114,570 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $218,339 |
| Net assets without donor restrictions | $1,133,632 |
| Net assets with donor restrictions | $28,125 |
| 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 | $1,380,096 |