Childrens Playhouse Inc
- Assets
- $378.0k
- Revenue
- $228.4k
- Investments
- $0.0
- Employees
- 15
- Location
- Boone, NC
- Founding
- 02/2005
- Data as of
- 06/2022
- EIN
- 27-0065653
Organization Overview
Childrens Playhouse Inc is located in Boone, NC. The organization was established in 2005. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Childrens Playhouse Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Playhouse 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 06/2022, Childrens Playhouse Inc generated $228.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $195.8k during the year ending 06/2022. While expenses have increased by 11.1% 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
TO PROVIDE AN INTERACTIVE LEARNING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 1728 HOURS OF OPEN PLAY TIME IN 7 INDOOR AND 3 OUTDOOR PLAY SPACES. OFFERED 117 INDIVIDUAL MUSIC, ART, AND STEM PROGRAMS FOR KIDS; HOSTED 46 MEETINGS OF A WEKLY PARENT SUPPORT GROUP, AN DPROVIDED ACTIVITIES AT 20 OUTREACH EVENTS AROUND THE COMMUNITY. 8,234 INDIVIDUAL VISITS WERE RECORDED AT THE PLAYHOUSE FOR THE 10.5 MONTHS THE PLAYHOUSE WAS REOPENED FOLLOWING PANDEMIC CLOSURE. 98 NEW FAMILY MEMBERSHIPS WERE PURCHASED AND 31 FREE MEMBERSHIPS WERE GRANTED TO LOW-INCOME FAMILIES, NONPROFIT AGENCIES, FIRST TIME PARENTS, AND MILITARY FAMILIES.
AFTER A 2 YEAR HIATUS, THE PLAYHOUSE HELD THE 7TH BUILDFEST, A SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH (STEAM) FESTIVAL FOR CHILDREN 7-12. THE FESTIVAL HAD 1400 ATTENDEES, INVOLVED 200 VOLUNTEERS, AND FEATURED MORE THAN 70 HANDS-ON ACTIVITIES RELATED TO STEAM. 125 SEPARATE PRESCHOOL AND EARLY ELEMENTARY BUILDFEST IN A BOX KITS WERE DISTRIBUTED TO UNDERSERVED CHILDREN IN COOPERATION WITH WATAUGA COUNTY SCHOOLS, HEAD START, AND THE HUNGER AND HEALTH COALITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Parham Executive Director | Officer | 30 | $44,151 |
Sherry Street-Tobin Secretary | Officer | 3 | $0 |
Aaron Whiite President | Officer | 3 | $0 |
Jess Elliott Vice President | Officer | 1 | $0 |
Judy Goodwin-Rosenburg Treasurer | Officer | 3 | $0 |
Jim Stoudt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,314 |
| All other contributions, gifts, grants, and similar amounts not included above | $152,654 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,968 |
| Total Program Service Revenue | $46,595 |
| Investment income | $1,801 |
| 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 | $228,364 |
| 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. | $44,151 |
| Compensation of current officers, directors, key employees. | $8,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,475 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,085 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,301 |
| Office expenses | $9,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,163 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $160 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,634 |
| Insurance | $4,034 |
| All other expenses | $16,437 |
| Total functional expenses | $195,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $355,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $615 |
| 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 | $21,891 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $377,987 |
| Accounts payable and accrued expenses | $7,025 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,025 |
| Net assets without donor restrictions | $370,962 |
| Net assets with donor restrictions | $0 |
| 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 | $377,987 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Playhouse Inc has recieved totaling $153,008.
| Awarding Organization | Amount |
|---|---|
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: ARTS, CULTURE & HUMANITIES | $153,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
Endowment Analysis
| Beg. Balance | $47,397 |
| Earnings | -$6,294 |
| Admin Expense | $461 |
| Ending Balance | $40,642 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iptay Clemson, SC | $124,989,602 | $72,209,791 |
Young Americas Foundation Reston, VA | $108,030,545 | $39,445,693 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
National Association Of Competitive Soccer Clubs Myrtle Beach, SC | $2,349,314 | $12,740,248 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |