New Candlelight Productions Inc
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 20-4477609
Organization Overview
New Candlelight Productions Inc is located in Wilmington, DE. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Candlelight Productions 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 12/2022, New Candlelight Productions Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 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
TO CONTINUE THE TRADITION OF EMPLOYING AND EDUCATING ARTISTS BY ENCOURAGING THEM TO EXPLORE AND HONE THEIR CRAFT THROUGH THE ART OF LIVE THEATRE. TO PROVIDE A HIGH QUALITY ENTERTAINMENT AND DINING EXPERIENCE THROUGH YEAR-ROUND SEASON CONSISTS OF MAIN-STAGE THEATRICAL PRODUCTIONS; MONTHLY SHOWS AT THE CANDLELIGHT COMEDY CLUB; ALONG WITH NUMEROUS OTHER SPECIALTY EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUSTAIN THE TRADITION AND ART OF PROFESSIONAL THEATRE, AND CONTRIBUTE TO ITS FUTURE VIABILITY THROUGH THE PRODUCTION AND PRESENTATION OF THE 6 MAINSTAGE PRODUCTIONS ANNUALLY. PARTNERING WITH THE DELAWARE ARTS CONSERVATORY THEY PROVIDE ACTING WORKSHOPS AND A SUMMER PROGRAM FOR YOUTH INTERESTED IN THEATRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Healy President | OfficerTrustee | 1 | $0 |
George Rotsch Vice-President | OfficerTrustee | 1 | $0 |
Danny Mellon Secretary | OfficerTrustee | 1 | $0 |
Jonathan Jaffe Treasurer | OfficerTrustee | 1 | $0 |
Cathy Cloutier Director | Trustee | 1 | $0 |
Cindy Goldstein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $130,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,233 |
| Total Program Service Revenue | $1,145,800 |
| Investment income | $1,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,299 |
| Net Income from Gaming Activities | $29,957 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,369,339 |
| 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 | $536,276 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $57,835 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,323 |
| Advertising and promotion | $82,882 |
| Office expenses | $16,490 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,359 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $950 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,271 |
| Insurance | $21,677 |
| All other expenses | $0 |
| Total functional expenses | $1,525,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $592,243 |
| Savings and temporary cash investments | $157,425 |
| Pledges and grants receivable | $44,150 |
| 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 | $15,197 |
| Prepaid expenses and deferred charges | $31,027 |
| Net Land, buildings, and equipment | $579,682 |
| Investments—publicly traded securities | $48,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $75,000 |
| Other assets | $205,598 |
| Total assets | $1,748,993 |
| Accounts payable and accrued expenses | $13,525 |
| Grants payable | $0 |
| Deferred revenue | $313,275 |
| 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 | $14,499 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $205,598 |
| Total liabilities | $546,897 |
| Net assets without donor restrictions | $1,202,096 |
| 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 | $1,748,993 |