Theatre Workshop Of Nantucket Inc
- Assets
- $2.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 59
- Location
- Nantucket, MA
- Founding
- 08/1968
- Data as of
- 12/2021
- EIN
- 04-2303908
Organization Overview
Theatre Workshop Of Nantucket Inc is located in Nantucket, MA. The organization was established in 1968. 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 12/2022, Theatre Workshop Of Nantucket Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theatre Workshop Of Nantucket 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, Theatre Workshop Of Nantucket Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
REGIONAL THEATRE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION AND PRESENTATION OF PROFESSIONAL THEATRE ON NANTUCKET ISLAND, MASSACHUSETTS. THE BENEFIT IS TO THE ENTIRE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecilia Joyce Johnson Director | Trustee | 1 | $0 |
Beth English Director | Trustee | 1 | $0 |
Kay Bernon Director | OfficerTrustee | 1 | $0 |
Jane Forman Director | OfficerTrustee | 1 | $0 |
Eliie Gottwald Vice President | OfficerTrustee | 1 | $0 |
Maria Roach Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013,157 |
| Noncash contributions included in lines 1a–1f | $110,828 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,067,292 |
| Total Program Service Revenue | $330,214 |
| Investment income | $2,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$105,667 |
| Net Gain/Loss on Asset Sales | -$621 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,580 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,296,015 |
| 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. | $78,885 |
| Compensation of current officers, directors, key employees. | $11,833 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,271 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,383 |
| Payroll taxes | $40,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,808 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,950 |
| Advertising and promotion | $48,980 |
| Office expenses | $38,498 |
| Information technology | $0 |
| Royalties | $28,819 |
| Occupancy | $115,348 |
| Travel | $46,045 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $147 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,440 |
| Insurance | $7,143 |
| All other expenses | $0 |
| Total functional expenses | $1,062,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,827 |
| Savings and temporary cash investments | $362,533 |
| 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 | $12,850 |
| Net Land, buildings, and equipment | $1,506,077 |
| Investments—publicly traded securities | $140,682 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,876 |
| Total assets | $2,169,845 |
| Accounts payable and accrued expenses | $26,693 |
| Grants payable | $0 |
| Deferred revenue | $147,187 |
| 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 | $958,101 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,131,981 |
| Net assets without donor restrictions | $1,037,864 |
| Net assets with donor restrictions | $0 |
| 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 | $2,169,845 |