Rome Community Theater Inc is located in Rome, NY. The organization was established in 1957. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rome Community Theater 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 06/2023, Rome Community Theater Inc generated $55.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $59.9k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESENT AND FOSTER PERFORMING ARTS PRIMARILY THEATER ARTS IN THE FORM OF STAGE PRODUCTIONS; TO EDUCATE COMMUNITY PARTICIPANTS INCLUDING YOUNG PEOPLE IN THE SKILLS OF THEATRICAL PERFORMANCE PRODUCTION AND STAGE PRESENTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROYALTIES: ALMOST WITHOUT EXCEPTION PUBLISHERS CHARGE ROYALTY FEES FOR EACH PERFORMANCE OF A PLAY. ROYALTIES ARE PAID TO PUBLISHERS AS REPRESENTATIVES OF THE PLAYWRIGHTS AND IF A MUSICAL PRODUCTION COMPOSER AND LYRICIST. BASIC ROYALTY COSTS DIFFER FROM PLAY TO PLAY AND ARE USUALLY BASED ON WHETHER OR NOT THE PERFORMING GROUP IS PROFESSIONAL OR AMATEUR THE SEATING CAPACITY OF THE PERFORMANCE VENUE AND THE TICKET PRICES PAID BY AUDIENCE MEMBERS. IN MOST COMMUNITY THEATER ORGANIZATIONS AS IS THE CASE WITH ROME COMMUNITY THEATER ROYALTIES REPRESENT THE SINGLE MOST COSTLY COMPONENT OF A STAGE PRODUCTION. ADDITIONALLY ROYALTY-LIKE FEES ARE CHARGED BY MUSIC PUBLISHERS SUCH AS ASCAP BMI AND SESAC THAT REPRESENT THE COMPOSER AND OR PERFORMER OF A RECORDED MUSIC SELECTION WHICH MAY BE USED IN CONJUNCTION WITH A STAGE PLAY TO PROVIDE MOOD OR SCENE APPROPRIATE MUSIC BEFORE THE CURTAIN AND DURING INTERMISSION. THESE MUSIC LICENSE FEES ARE INCLUDED IN THE ROYALTY EXPENSES NOTED HERE.
PRODUCTION EXPENSES: THIS AREA OF EXPENSE IS REQUIRED TO FULFILL THE MAJOR REQUIREMENT OF THE STATED GOALS OF THE ORGANIZATION WHICH INCLUDE COSTS TO PRESENT LIVE THEATRICAL PRODUCTIONS TO THE PUBLIC. THE EXPENSES NOTED HERE REPRESENT THE COST TO CONSTRUCT COSTUMES BUILD SETS CREATE STAGE PROPERTIES PRINT PROGRAMS SOLICIT ADJUDICATIONS AND PURCHASE SCRIPTS. ANCILLARY EXPENSES NOT INCLUDED IN THIS FIGURE ARE COSTS TO MAINTAIN THE PLAYHOUSE FACILITY OCCUPANCY - THE LARGEST SINGLE EXPENSE FOR THE ORGANIZATION. THE SINGLE LARGEST PRODUCTION COMPONENT ROYALTIES IS LISTED AS A SEPARATE EXPENSE ABOVE.
CONCESSIONS: THIS EXPENSE REPRESENTS THE PURCHASE OF CONCESSION INVENTORY FOR RE-SALE AS WELL AS NECESSARY EQUIPMENT AND NEW YORK STATE SALES TAX LEVIED ON THE CONCESSION ITEMS SOLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Catherine Dolan Trustee | Trustee | 0 | $0 |
Nancy Novak Trustee | Trustee | 0 | $0 |
Barbara Seaton Past President | Officer | 0 | $0 |
Stephen Hampe President | Officer | 0 | $0 |
Ella Alsheimer Second Vice President | Officer | 0 | $0 |
Pat Stone Treasurer | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,220 |
Fundraising events | $6,496 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,047 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,763 |
Total Program Service Revenue | $37,520 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $10 |
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 | $55,646 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,281 |
Office expenses | $1,691 |
Information technology | $126 |
Royalties | $14,393 |
Occupancy | $18,989 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,823 |
Insurance | $3,699 |
All other expenses | $0 |
Total functional expenses | $59,890 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,506 |
Savings and temporary cash investments | $29,846 |
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 | $554,550 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $585,902 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $585,902 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $585,902 |