Double Edge Theatre Productions Incorporated
- Assets
- $5.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 21
- Location
- Ashfield, MA
- Founding
- 04/1983
- Data as of
- 07/2022
- EIN
- 04-2972334
Organization Overview
Double Edge Theatre Productions Incorporated is located in Ashfield, MA. The organization was established in 1983. 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 07/2022, Double Edge Theatre Productions Incorporated employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Double Edge Theatre Productions Incorporated 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 07/2022, Double Edge Theatre Productions Incorporated generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $1.3m during the year ending 07/2022. While expenses have increased by 11.3% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENSEMBLE PERFORMANCE CENTER OF RESEARCH, COLLABORATION AND EXCHANGE COMMUNITY ACTIVITIES, TRAINING PROGRAMS, SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT TRAINING PROGRAM INCLUDES FOUR MAJOR OBJECTIVES: THREE INTENSIVE PROGRAMS A YEAR FOR THREE DAYS, ONE WEEK AND TWO WEEKS; THREE IMMERSIONS A YEAR FOR THREE MONTHS EACH; RESIDENCIES AND WORKSHOPS IN A VARIETY OF COLLEGES AND TOURING LOCATIONS; AND LOCAL TRAINING OF YOUTH AND OTHER THEATRE GROUPS. SUMMER SPECTACLE, AN INDOOR/OUTDOOR TRAVELING PERFORMANCE HELD AT DOUBLE EDGE THEATRE'S FARM CENTER, AND ON TOUR, CREATED BY THE ENSEMBLE AND INVOLVING THE THEATRE'S ARTISTIC AND ARTISAN COMMUNITY. DEVELOPMENT OF ARTISTIC CYCLES AND PERFORMANCES, CREATED BY DOUBLE EDGE THEATRE'S PERMANENT ENSEMBLE WITH COLLABORATING ARTISTS, PRESENT PIECE CURRENTLY TOURING INTERNATIONALLY CALLED LEONORA, LA MAGA Y LA MAESTRA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Allison Director | Trustee | 2 | $0 |
Tara Brewster Director | Trustee | 2 | $0 |
Michael Cohen Director | Trustee | 2 | $0 |
Milena Dabova Director | Trustee | 2 | $26,350 |
Carroll Durand Director | Trustee | 2 | $2,760 |
Frederick Fierst Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $314,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,020,994 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,335,653 |
| Total Program Service Revenue | $95,754 |
| Investment income | $973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,447 |
| Net Gain/Loss on Asset Sales | $8,402 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,470,415 |
| 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. | $289,498 |
| Compensation of current officers, directors, key employees. | $14,441 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,258 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,291 |
| Payroll taxes | $47,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,357 |
| Advertising and promotion | $26,341 |
| Office expenses | $54,635 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $112,812 |
| Travel | $74,385 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,149 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,432 |
| Insurance | $36,101 |
| All other expenses | $0 |
| Total functional expenses | $1,280,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $841,490 |
| Savings and temporary cash investments | $491,073 |
| Pledges and grants receivable | $1,440,446 |
| Accounts receivable, net | $8,928 |
| Loans from Officers, Directors, or Controlling Persons | $41,940 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,360 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,161 |
| Net Land, buildings, and equipment | $2,504,330 |
| Investments—publicly traded securities | $122,137 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,478,865 |
| Accounts payable and accrued expenses | $51,916 |
| 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 | $356,711 |
| Secured mortgages and notes payable | $366,743 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $746,399 |
| Total liabilities | $1,521,769 |
| Net assets without donor restrictions | $3,606,566 |
| Net assets with donor restrictions | $350,530 |
| 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 | $5,478,865 |