Milford 2nd Street Players Inc is located in Milford, DE. The organization was established in 1987. 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. Milford 2nd Street Players 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, Milford 2nd Street Players Inc generated $80.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $71.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 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
ENRICHING OUR COMMUNITY THROUGH THE POWER OF PERFORMING ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
5 ADULT PLAYS TO ENHANCE CULTURAL ACTIVITIES FOR CITIZENS OF GREATER MILFORD COMMUNITY. ATTENDANCE MUCH BETTER THAN PRIOR YEAR BUT STILL AFFECTED BY COVID.
1 CHILDREN'S PLAY TO INVOLVE YOUNG PEOPLE IN ALL ASPECTS OF THE PERFORMING ARTS. ATTENDANCE VERY LIGHT DUE TO COVID PANDEMIC
2 INTERACTIVE MOVIE AND LIVE PERFOMANCES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Guy Crawford President | OfficerTrustee | 15 | $0 |
Steven Haber Secretary | OfficerTrustee | 10 | $0 |
Daniel Marabello Vice President | OfficerTrustee | 8 | $0 |
Karen Marshall Treasurer | OfficerTrustee | 10 | $0 |
Robin Twilly Director | OfficerTrustee | 3 | $0 |
Melissa Brenner Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $17,300 |
All other contributions, gifts, grants, and similar amounts not included above | $12,975 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,275 |
Total Program Service Revenue | $49,588 |
Investment income | $630 |
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 | $80,493 |
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 | $2,066 |
Office expenses | $4,502 |
Information technology | $0 |
Royalties | $4,900 |
Occupancy | $9,520 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $20 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,686 |
Insurance | $7,667 |
All other expenses | $1,775 |
Total functional expenses | $71,418 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $77,655 |
Savings and temporary cash investments | $25,679 |
Pledges and grants receivable | $6,200 |
Accounts receivable, net | $400 |
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 | $10,704 |
Net Land, buildings, and equipment | $543,020 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $26,301 |
Other assets | $0 |
Total assets | $689,959 |
Accounts payable and accrued expenses | $3,358 |
Grants payable | $0 |
Deferred revenue | $3,964 |
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 | $7,322 |
Net assets without donor restrictions | $682,637 |
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 | $689,959 |
Over the last fiscal year, we have identified 1 grants that Milford 2nd Street Players Inc has recieved totaling $136.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Organization Name | Assets | Revenue |
---|---|---|
Olney Theatre Corporation Olney, MD | $19,570,202 | $9,983,104 |
George Street Playhouse Inc New Brunswick, NJ | $6,896,308 | $6,837,551 |
Paper Mill Playhouse Millburn, NJ | $20,009,816 | $8,770,993 |
Round House Theatre Inc Bethesda, MD | $10,592,034 | $5,829,495 |
Center Stage Associates Inc Baltimore, MD | $48,178,796 | $10,294,538 |
Two River Theatre Company Red Bank, NJ | $129,619,755 | $4,214,788 |
Pittsburgh Public Theater Corporation Pittsburgh, PA | $13,504,730 | $6,047,116 |
Walnut Street Theatre Corp Philadelphia, PA | $35,930,137 | $7,380,897 |
Arden Theatre Company Philadelphia, PA | $14,483,355 | $5,191,205 |
Bucks County Playhouse Theater Inc Lambertville, NJ | $15,770,211 | $7,007,035 |
Peoples Light & Theatre Co Malvern, PA | $24,049,408 | $2,648,575 |
The Everyman Theatre Incorporated Baltimore, MD | $14,728,446 | $4,835,696 |