The Ragged Edge Community Theater Inc
- Assets
- $217.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harrodsburg, KY
- Founding
- 01/1984
- Data as of
- 06/2023
- EIN
- 31-1073575
Organization Overview
The Ragged Edge Community Theater Inc is located in Harrodsburg, KY. The organization was established in 1984. 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. Ragged Edge Community Theater 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 06/2023, Ragged Edge Community Theater Inc generated $87.1k 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 (3.2%) each year. All expenses for the organization totaled $116.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
CULTURAL OPPORTUNITIES ARE ENHANCED IN THE COMMUNITY THROUGH THEATRICAL PRODUCTIONS AND WORKSHOPS. PROGRAMS WERE ATTENDED BY THOUSANDS OF PATRONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca J Crabtree President | 10 | $0 | |
Tim White Vice President | 1 | $0 | |
Valorie Logan Secretary | 0 | $0 | |
Shannon Driskell Treasurer | 0 | $0 | |
Henry Webb Bd Member | 0 | $0 | |
Laura Peyton Bd Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,410 |
| Total Program Service Revenue | $65,162 |
| Membership dues | $0 |
| Investment income | $90 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $441 |
| Other Revenue | $0 |
| Total Revenue | $87,103 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,564 |
| Professional fees and other payments to independent contractors | $1,784 |
| Occupancy, rent, utilities, and maintenance | $31,279 |
| Printing, publications, postage, and shipping | $2,088 |
| Other expenses | $43,205 |
| Total expenses | $116,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,129 |
| Other assets | $0 |
| Total assets | $217,321 |
| Total liabilities | $4,181 |
| Net assets or fund balances | $213,140 |