Farmers Branch Community Theatre Inc is located in Farmers Branch, TX. The organization was established in 2011. 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 12/2023, Farmers Branch Community Theatre Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmers Branch Community Theatre 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 12/2023, Farmers Branch Community Theatre Inc generated $875.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $907.5k during the year ending 12/2023. While expenses have increased by 16.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FIREHOUSE THEATRE PRESENTS IMAGINATIVE LIVE PERFORMANCES AND TRAINING THROUGH ENGAGING ARTISTIC EXPRESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTIONS FOR THE COMMUNITY AT LARGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Moore Executive Director | OfficerTrustee | 40 | $117,000 |
Shannon Buckley Chairperson | OfficerTrustee | 10 | $0 |
Tamara Cleghorn Vice Chair | OfficerTrustee | 3 | $0 |
Keri Frazier Treasurer | OfficerTrustee | 5 | $0 |
Julie Bonneau Secretary - Past Chair | Trustee | 3 | $0 |
Jason Davila PHD Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $31,249 |
Related organizations | $0 |
Government grants | $65,000 |
All other contributions, gifts, grants, and similar amounts not included above | $238,443 |
Noncash contributions included in lines 1a–1f | $127,905 |
Total Revenue from Contributions, Gifts, Grants & Similar | $334,692 |
Total Program Service Revenue | $504,871 |
Investment income | $5,793 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,650 |
Net Gain/Loss on Asset Sales | $4,576 |
Net Income from Fundraising Events | $14,356 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $875,827 |
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. | $182,020 |
Compensation of current officers, directors, key employees. | $58,604 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,911 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,651 |
Fees for services: Other | $0 |
Advertising and promotion | $91,371 |
Office expenses | $8,274 |
Information technology | $0 |
Royalties | $49,566 |
Occupancy | $0 |
Travel | $921 |
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 | $25,932 |
Insurance | $7,420 |
All other expenses | $74,456 |
Total functional expenses | $907,450 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $116,059 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,973 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,340 |
Prepaid expenses and deferred charges | $77,038 |
Net Land, buildings, and equipment | $57,295 |
Investments—publicly traded securities | $234,686 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,424 |
Total assets | $515,815 |
Accounts payable and accrued expenses | $18,970 |
Grants payable | $0 |
Deferred revenue | $79,765 |
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 | $11,789 |
Total liabilities | $110,524 |
Net assets without donor restrictions | $0 |
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 | $405,291 |
Total liabilities and net assets/fund balances | $515,815 |