Pure Theatre
- Assets
- $157.0k
- Revenue
- $334.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Charleston, SC
- Founding
- 04/2006
- Data as of
- 06/2021
- EIN
- 13-4240676
Organization Overview
Pure Theatre is located in Charleston, SC. The organization was established in 2006. 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 06/2021, Pure Theatre employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pure Theatre 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 06/2021, Pure Theatre generated $334.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $299.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE EXCEPTIONAL THEATRE EXPERIENCES THAT ENLIVEN THOUGHT, IGNITE DIALOGUE AND EXPAND CONSCIOUSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Graci Artistic Director | Officer | 40 | $58,385 |
James Marino President | OfficerTrustee | 2 | $0 |
Barry Abrams Treasurer | OfficerTrustee | 2 | $0 |
Peter Calcagno Secretary | OfficerTrustee | 2 | $0 |
David Albenberg Board Member | Trustee | 1 | $0 |
Amy Gaffney Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,000 |
| Fundraising events | $0 |
| Related organizations | $17,820 |
| Government grants | $69,381 |
| All other contributions, gifts, grants, and similar amounts not included above | $191,164 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,365 |
| Total Program Service Revenue | $25,542 |
| Investment income | $107 |
| 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 | $334,014 |
| 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. | $58,835 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,536 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,041 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,819 |
| Office expenses | $2,222 |
| Information technology | $0 |
| Royalties | $4,074 |
| Occupancy | $0 |
| Travel | $389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $824 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,433 |
| All other expenses | $13,322 |
| Total functional expenses | $299,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,304 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $34,700 |
| 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 | $10,718 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $322 |
| Total assets | $157,044 |
| Accounts payable and accrued expenses | $8,347 |
| Grants payable | $0 |
| Deferred revenue | $23,100 |
| 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 | $41,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,839 |
| Total liabilities | $78,186 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $78,858 |
| 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 | $157,044 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Pure Theatre has recieved totaling $56,022.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $30,000 |
Arts Etc Johns Island, SC | | $10,000 |
Arts Etc Johns Island, SC | | $10,000 |
Robin Chandler Duke Foundation Hamilton, NJ PURPOSE: GENERAL DONATION | $5,000 |
Phicas Foundation Mt Pleasant, SC PURPOSE: ARTS & CULTURE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aurora Theatre Inc Lawrenceville, GA | $10,092,561 | $4,172,461 |
Childrens Theatre Of Charlotte Inc Charlotte, NC | $26,819,373 | $2,866,228 |
North Carolina Theatre Raleigh, NC | $3,174,252 | $3,580,122 |
Roanoke Island Historical Association Inc Manteo, NC | $10,126,995 | $2,839,927 |
Carolina Theatre Of Durham Inc Durham, NC | $4,096,389 | $4,794,341 |
Triad Stage Inc Greensboro, NC | $3,172,585 | $1,782,621 |
Cape Fear Regional Theatre At Fayetteville Inc Fayetteville, NC | $12,746,440 | $5,274,207 |
Greenville Theatre Greenville, SC | $1,160,759 | $1,950,645 |
Theatre In The Park Inc Raleigh, NC | $2,002,475 | $1,910,364 |
Elm Street Cultural Arts Village Inc Woodstock, GA | $1,718,719 | $1,491,889 |
International Alliance Theatrical Stage Employees & Moving Picture M Wilmington, NC | $5,538,162 | $2,076,502 |
Thalian Association Of Wilmington Inc Wilmington, NC | $860,494 | $1,715,848 |