Weston Playhouse Theatre
- Assets
- $13.0m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 102
- Location
- Weston, VT
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 22-2970343
Organization Overview
Weston Playhouse Theatre is located in Weston, VT. The organization was established in 1989. 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 12/2021, Weston Playhouse Theatre employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weston Playhouse 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 12/2021, Weston Playhouse Theatre generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
"TO PRODUCE THEATRICAL & PERFORMING ARTS" WPT IS VERMONT'S OLDEST PROFESSIONAL THEATER COMPANY AND, WITH ITS MULTI-STAGE SUMMER FESTIVAL AND YEAR-ROUND EDUCATIONAL AND OUTREACH PROGRAMS, IS DEDICATED TO QUALITY THEATER AND BROAD COMMUNITY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WESTON PLAYHOUSE THEATER, VERMONT'S OLDEST PROFESSIONAL THEATER COMPANY, IS AN AWARD WINNING REGIONAL THEATER WITH A MULTI-STAGE SUMMER FESTIVAL, FALL TOURS, AND YEAR-ROUND EDUCATIONAL AND OUTREACH PROGRAMS. THE PLAYHOUSE IS DEDICATED TO QUALITY THEATER AND BROAD COMMUNITY SUPPORT WITH OVER 20,000 ATTENDEES INCLUDING MANY SCHOOL GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susanna Gellert Executive Director | Officer | 40 | $107,100 |
Michael Wp Neff Chair | OfficerTrustee | 2 | $0 |
Wayne Fisher Treasurer | OfficerTrustee | 2 | $0 |
Claire Stern Vice-Chair | OfficerTrustee | 2 | $0 |
Francis P Devine Jr Secretary | OfficerTrustee | 2 | $0 |
Ludy Biddle Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $704,444 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,464,417 |
| Noncash contributions included in lines 1a–1f | $33,935 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,168,861 |
| Total Program Service Revenue | $320,992 |
| Investment income | $26,351 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,368 |
| Net Gain/Loss on Asset Sales | -$306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,528,204 |
| 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. | $119,904 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $648,688 |
| Pension plan accruals and contributions | $10,938 |
| Other employee benefits | $63,581 |
| Payroll taxes | $62,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,450 |
| Fees for services: Accounting | $82,233 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,273 |
| Fees for services: Other | $50,087 |
| Advertising and promotion | $45,587 |
| Office expenses | $25,103 |
| Information technology | $19,532 |
| Royalties | $31,368 |
| Occupancy | $291,432 |
| Travel | $38,362 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,801 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $297,640 |
| Insurance | $76,777 |
| All other expenses | $0 |
| Total functional expenses | $2,047,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $533,019 |
| Savings and temporary cash investments | $690,503 |
| Pledges and grants receivable | $399,647 |
| 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 | $12,521 |
| Net Land, buildings, and equipment | $8,863,519 |
| Investments—publicly traded securities | $2,512,252 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,011,461 |
| Accounts payable and accrued expenses | $69,936 |
| 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 | $150,000 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $369,936 |
| Net assets without donor restrictions | $9,180,449 |
| Net assets with donor restrictions | $3,461,076 |
| 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 | $13,011,461 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Weston Playhouse Theatre has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Fowler Family Charitable Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
W James And Jane K Truettner Foundation Crested Butte, CO PURPOSE: PERFORMING ARTS | $500 |
Endowment Analysis
| Beg. Balance | $1,262,978 |
| Earnings | $180,737 |
| Admin Expense | $9,273 |
| Net Contributions | $1,077,810 |
| Ending Balance | $2,512,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Atlantic Theater Company New York, NY | $26,591,945 | $8,396,675 |
Geva Theatre Center Inc Rochester, NY | $17,333,733 | $8,117,861 |
Northern Stage Company White River Junction, VT | $17,129,255 | $10,516,275 |