Chester Theatre Company Inc
- Assets
- $851.9k
- Revenue
- $756.5k
- Investments
- $100.0
- Employees
- 13
- Location
- Chester, MA
- Founding
- 02/1998
- Data as of
- 12/2021
- EIN
- 22-3081088
Organization Overview
Chester Theatre Company Inc is located in Chester, MA. The organization was established in 1998. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Chester Theatre Company Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chester Theatre Company 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, Chester Theatre Company Inc generated $756.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $421.9k during the year ending 12/2021. While expenses have increased by 7.0% 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
CHESTER THEATRE COMPANY, INC. IS A TEACHING THEATRE COMMITTED TO PRESENTING INTELLIGENT, CONTEMPORARY, LANGUAGE-RICH, THOUGHT-PROVOKING PLAYS PRODUCED BY WORLD CLASS THEATRE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1990, CHESTER THEATRE COMPANY IS AN AWARD-WINNING INSTITUTION THAT PRODUCES FOUR PLAYS EACH SUMMER IN THE TOWN HALL THEATRE OF CHESTER, MA. EACH YEAR, APPROXIMATELY 5,000 PEOPLE ATTEND ITS PRODUCTIONS, WHICH ARE FOLLOWED BY THOUGHT-PROVOKING TALKBACKS, CAST CONVERSATIONS, OR PANEL DISCUSSIONS AT SPECIFIC PERFORMANCES. DUE TO THE COVID-19 PANDEMIC, 2021 PROGRAMMING TOOK PLACE UNDER A TENT ON THE GROUNDS OF HANCOCK SHAKER VILLAGE AND CONSISTED OF THREE PLAYS-TITLE AND DEED, THE NICETIES, AND TINY BEAUTIFUL THINGS. THE COMPANY HOSTS TWO EAGERLY AWAITED AND WELL-ATTENDED THEATRE TOURS ANNUALLY: A SPRING TRIP TO LONDON AND A FALL TRIP TO ANOTHER DESTINATION, SUCH AS CHICAGO, WASHINGTON DC, AND TORONTO. THESE TOURS WERE NOT HELD IN 2021, AGAIN DUE TO THE PANDEMIC; THEY WILL RESUME AT THE EARLIEST POSSIBLE POINT IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Schader President | OfficerTrustee | 1.5 | $0 |
David Pascucci Treasurer | OfficerTrustee | 1.5 | $0 |
Carol Seltzer Clerk | OfficerTrustee | 1.5 | $0 |
Alaina Macaulay Director | Trustee | 1.5 | $0 |
Emily Wojcik Director | Trustee | 1.5 | $0 |
Rhonda Steeg Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,720 |
| All other contributions, gifts, grants, and similar amounts not included above | $534,183 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $606,903 |
| Total Program Service Revenue | $149,630 |
| Investment income | $0 |
| 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 | $756,533 |
| 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 | $153,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,553 |
| Payroll taxes | $19,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,356 |
| Office expenses | $31,662 |
| Information technology | $2,222 |
| Royalties | $9,967 |
| Occupancy | $15,662 |
| 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 | $20,066 |
| Insurance | $6,338 |
| All other expenses | $4,896 |
| Total functional expenses | $421,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,245 |
| Savings and temporary cash investments | $445,682 |
| 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 | $11,973 |
| Net Land, buildings, and equipment | $218,893 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $851,893 |
| Accounts payable and accrued expenses | $2,561 |
| 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 | $2,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,561 |
| Net assets without donor restrictions | $674,293 |
| Net assets with donor restrictions | $173,039 |
| 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 | $851,893 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Chester Theatre Company Inc has recieved totaling $54,468.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: ARTS & CULTURE | $35,300 |
Feigenbaum Foundation Inc Pittsfield, MA PURPOSE: COVID TESTING FOR PLAYS @HANCOCK SHAKER VILLAGE | $7,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $5,150 |
Don And Maggie Buchwald Foundation New York, NY PURPOSE: TO FURTHER DONEE ORGANIZATION GOALS. | $2,000 |
Claudia K Perles Family Foundation Inc Miami Beach, FL PURPOSE: SPONSORSHIP | $2,000 |
Dobbins Foundation Worthington, MA PURPOSE: PROGRAM | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |