Winchester Little Theatre Incorporated
- Assets
- $1.6m
- Revenue
- $213.2k
- Investments
- $15.2k
- Employees
- 2
- Location
- Winchester, VA
- Founding
- 05/1937
- Data as of
- 06/2023
- 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 06/2023, 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 06/2023, Winchester Little Theatre Incorporated generated $213.2k 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 $235.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) 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
2023
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
2 PLAYS WITH 14 PERFORMANCES EACH; 5 READER'S THEATRES; DIRECTORS WORKSHOP/ACTING WORKSHOPS; 2 KIDS WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Gomez Member At Large | OfficerTrustee | 11 | $0 |
Christopher Short Director | Trustee | 11 | $0 |
Theresa Apple 1st Vice Pres | OfficerTrustee | 11 | $0 |
Vonderene Swigart Secretary | OfficerTrustee | 11 | $0 |
Steve Nichols Treasurer | OfficerTrustee | 11 | $0 |
Mary Beth Elliott Director | Trustee | 11 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $460 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,278 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,738 |
| Total Program Service Revenue | $143,134 |
| Investment income | $15,364 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,932 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,168 |
| 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 | $34,237 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,924 |
| Office expenses | $931 |
| Information technology | $4,224 |
| Royalties | $0 |
| Occupancy | $28,947 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,744 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,695 |
| Insurance | $8,640 |
| All other expenses | $3,055 |
| Total functional expenses | $235,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,183 |
| Savings and temporary cash investments | $101,390 |
| 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 | $747,574 |
| Investments—publicly traded securities | $596,111 |
| Investments—other securities | $15,169 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,631,427 |
| 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 | $180,877 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,024 |
| Total liabilities | $183,901 |
| Net assets without donor restrictions | $649,491 |
| Net assets with donor restrictions | $798,035 |
| 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 | $1,631,427 |