Fine Arts Discovery Series Inc

Organization Overview

Fine Arts Discovery Series Inc, operating under the name Sherman Theater, is located in Stroudsburg, PA. The organization was established in 1993. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Sherman Theater employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherman Theater 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 06/2024, Sherman Theater generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $3.0m during the year ending 06/2024. While expenses have increased by 2.6% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EDUCATION AND FOSTER AN APPRECIATION OF MUSIC AND THE FINE ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EDUCATION AND FOSTER AN APPRECIATION OF MUSIC AND THE FINE ARTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $86,155
All other contributions, gifts, grants, and similar amounts not included above$42,403
Noncash contributions included in lines 1a–1f $34,867
Total Revenue from Contributions, Gifts, Grants & Similar$128,558
Total Program Service Revenue$2,349,778
Investment income $2,515
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $80,945
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $250,665
Miscellaneous Revenue$0
Total Revenue $2,860,135

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