Winchester Little Theatre Incorporated
- Assets
- $1.6m
- Revenue
- $381.5k
- Investments
- $25.0k
- Employees
- 2
- Location
- Winchester, VA
- Founding
- 05/1937
- Data as of
- 06/2022
- EIN
- 23-7276380
Organization Overview
Winchester Little Theatre Incorporated is located in Winchester, VA. The organization was established in 1937. 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 06/2022, Winchester Little Theatre Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester Little Theatre Incorporated 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 06/2022, Winchester Little Theatre Incorporated generated $381.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $239.6k during the year ending 06/2022. While expenses have increased by 8.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ACTING, DIRECTING, AND WRITING OF STAGED PLAYS TO BRING HIGH QUALITY ENTERTAINMENT AND CULTURE TO OUR COMMUNITY THROUGH A VARIETY OF ENDEAVORS IN THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
10 OUTSIDE 2 HOUR PERFORMANCES ON THE DECK OF READINGS AND TALENT PRESENTATIONS; 5 ONLINE READER'S THEATERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Westgard President | OfficerTrustee | 9 | $0 |
Theresa Apple 1st Vice Pres | OfficerTrustee | 9 | $0 |
Vonderene Swigart Secretary | OfficerTrustee | 9 | $0 |
Sara Gomez Member At Large | OfficerTrustee | 9 | $0 |
Steve Nichols Treasurer | OfficerTrustee | 9 | $0 |
Heather Fredericks Director | Trustee | 9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,270 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $125,833 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,187 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,290 |
| Total Program Service Revenue | $127,841 |
| Investment income | $13,529 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,850 |
| Net Gain/Loss on Asset Sales | $38,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $381,470 |
| 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 | $31,899 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,608 |
| Office expenses | $1,243 |
| Information technology | $4,054 |
| Royalties | $0 |
| Occupancy | $40,517 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,112 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,552 |
| Insurance | $6,051 |
| All other expenses | $1,874 |
| Total functional expenses | $239,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,957 |
| Savings and temporary cash investments | $200 |
| 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 | $0 |
| Net Land, buildings, and equipment | $767,554 |
| Investments—publicly traded securities | $563,047 |
| Investments—other securities | $24,953 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,627,711 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $188,054 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,199 |
| Total liabilities | $189,253 |
| Net assets without donor restrictions | $663,703 |
| Net assets with donor restrictions | $774,755 |
| 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 | $1,627,711 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Winchester Little Theatre Incorporated has recieved totaling $46.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Endowment Analysis
| Beg. Balance | $719,292 |
| Earnings | -$90,574 |
| Admin Expense | $2,908 |
| Other Expense | $37,810 |
| Ending Balance | $588,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Drama Society Inc Washington, DC | $146,547,458 | $18,030,478 |
Shakespeare Theatre Washington, DC | $65,973,767 | $13,307,263 |
Ford S Theatre Society Washington, DC | $70,916,217 | $19,576,339 |
Olney Theatre Corporation Olney, MD | $19,570,202 | $9,983,104 |
Round House Theatre Inc Bethesda, MD | $10,592,034 | $5,829,495 |
Center Stage Associates Inc Baltimore, MD | $48,178,796 | $10,294,538 |
Woolly Mammoth Theatre Co Washington, DC | $10,084,762 | $5,303,229 |
Signature Theatre Inc Arlington, VA | $13,654,259 | $8,861,886 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Studio Theatre Inc Washington, DC | $29,626,352 | $6,176,456 |
Barter Foundation Incorporated State Theatre Of Virginia Abingdon, VA | $10,953,876 | $6,208,012 |
The Everyman Theatre Incorporated Baltimore, MD | $14,728,446 | $4,835,696 |