Schultz Theatre And School Of Performing Arts is located in Broadway, VA. The organization was established in 2014. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schultz Theatre And School Of Performing Arts 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 12/2022, Schultz Theatre And School Of Performing Arts generated $41.3k 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 (4.4%) each year. All expenses for the organization totaled $25.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE THEATRE ENGAGGED 62 VOLUNTEERS TO PRODUCE 3 LIVE PRODUCTIONS FOR THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Smith Past Preside | 3 | $0 | |
Terri Hoover President | 4 | $0 | |
Michael Strawderman Director | 5 | $0 | |
Donna Bitar Director | 5 | $0 | |
John Mcmurray Treasurer | 5 | $0 | |
Gail Dawson Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,438 |
Total Program Service Revenue | $28,855 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $41,293 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $500 |
Occupancy, rent, utilities, and maintenance | $3,772 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $20,960 |
Total expenses | $25,232 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,867 |
Other assets | $0 |
Total assets | $50,015 |
Total liabilities | $0 |
Net assets or fund balances | $50,015 |
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