Prime Productions
- Assets
- $252.5k
- Revenue
- $80.5k
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis Park, MN
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 30-1054214
Organization Overview
Prime Productions is located in St Louis Park, MN. The organization was established in 2020. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Prime Productions 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, Prime Productions generated $80.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (43.7%) each year. All expenses for the organization totaled $113.6k during the year ending 12/2022. 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
PRIME PRODUCTIONS SEEKS TO EXPLORE, ILLUMINATE AND SUPPORT WOMEN OVER FIFTY AND THEIR STORIES THROUGH THE CREATIVE VOICE OF PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOALS OF PRIME PRODUCTIONS INCLUDE: 1. PRODUCE FULL STAGED PRODUCTIONS ENCOMPASSING OUR MISSION AND VALUES. 2. BECOME A PROFESSIONAL THEATER WITH INTENT TO HIRE UNION TALENT FROM DAY ONE. 3. PROVIDE WORK TO TWIN CITIES ARTISTS WITH PAY. 4. PROMOTE DIVERSITY, INCLUSION AND EQUITY. 5. PRODUCE STAGED READINGS TO DEVELOP COMMUNITY INVOLVEMENT IN MATERIAL SELECTION FOR EACH PRODUCTION SEASON. 6. PLAN PRE-SHOW FOCUS GROUPS AND POST-SHOW DISCUSSIONS TO ENGAGE THE COMMUNITY WITH THE ART. 7. ORGANIZE AND LAUNCH A PLAYWRITING FESTIVAL TO ENCOURAGE THE DEVELOPMENT OF MATERIAL RELEVANT TO OUR MISSION AND TO THE POPULATION WE SERVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susanne Egli Chair | OfficerTrustee | 5 | $0 |
Anne Marie Gillen Vice Chair | OfficerTrustee | 2 | $0 |
Nancy Monroe Secretary/tr | OfficerTrustee | 2 | $0 |
Alison Edwards Co-Artistic | OfficerTrustee | 15 | $6,250 |
Shelli Place Co-Artistic | OfficerTrustee | 15 | $7,999 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,224 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,501 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,725 |
| Total Program Service Revenue | $36,087 |
| Investment income | $7,701 |
| 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 | $80,513 |
| 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. | $14,249 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,836 |
| Advertising and promotion | $3,560 |
| Office expenses | $7,676 |
| Information technology | $2,525 |
| Royalties | $0 |
| Occupancy | $8,177 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,236 |
| All other expenses | $3,349 |
| Total functional expenses | $113,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,096 |
| Savings and temporary cash investments | $7 |
| 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 | $0 |
| Investments—publicly traded securities | $222,357 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $252,460 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $252,460 |
| 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 | $252,460 |