Power House Theater Walla Walla
- Assets
- $2.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 24
- Location
- Walla Walla, WA
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 32-0498056
Organization Overview
Power House Theater Walla Walla is located in Walla Walla, WA. The organization was established in 2016. 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 12/2021, Power House Theater Walla Walla employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power House Theater Walla Walla 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 12/2021, Power House Theater Walla Walla generated $1.1m in total revenue. All expenses for the organization totaled $460.1k during the year ending 12/2021.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GENERATE A STRONG, INCLUSIVE COMMUNITY THROUGH PERFORMING ARTS.
Describe the Organization's Program Activity:
POWER HOUSE THEATRE WALLA WALLA (PHT) IS A NON-PROFIT PRESENTING THEATER THAT STAGES PROFESSIONAL PRODUCTIONS AND FEATURES A DIVERSE MIX OF SHOWS INCLUDING COMEDY, MUSIC, FAMILY PROGRAMS, FILMS, FESTIVALS, AND MORE. IN 2021, PHT CELEBRATED ITS 10TH ANNIVERSARY AND SAFELY RE-OPENED IN MARCH 2021 TO THE PUBLIC AFTER NEARLY A YEAR CLOSED DUE TO THE STATE MANDATED CLOSURE. DURING 2021, OUR ANNUAL ATTENDANCE DROPPED BY NEARLY 30% AND OVERALL EARNED INCOME WAS REDUCED BY OVER 80%. TOTAL DAYS OUR FACILITY WAS IN USE WAS SIGNIFICANTLY REDUCED AS OUR DAYS IN USE WERE 123 COMPARED TO OUR PRE-PANDEMIC NUMBERS OF 200.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Schermann Executive Director | Officer | 40 | $68,583 |
Erica Walter Vice President | OfficerTrustee | 1 | $0 |
John Jamison President | OfficerTrustee | 1 | $0 |
Amy Watkins Secretary | OfficerTrustee | 1 | $0 |
Karl Eckhardt Treasurer | OfficerTrustee | 1 | $0 |
Jim Barrow Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $559,636 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,238 |
| Noncash contributions included in lines 1a–1f | $289 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,114,874 |
| Total Program Service Revenue | $42,663 |
| Investment income | $63 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$79,327 |
| 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 | -$6,142 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,072,131 |
| 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. | $68,583 |
| Compensation of current officers, directors, key employees. | $68,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $104 |
| Payroll taxes | $12,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $525 |
| Fees for services: Accounting | $991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,409 |
| Advertising and promotion | $93,788 |
| Office expenses | $9,754 |
| Information technology | $5,325 |
| Royalties | $0 |
| Occupancy | $55,239 |
| Travel | $1,186 |
| 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 | $19,587 |
| Insurance | $1,312 |
| All other expenses | $0 |
| Total functional expenses | $460,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,213 |
| Savings and temporary cash investments | $180,057 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $166,361 |
| 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 | $8,700 |
| Net Land, buildings, and equipment | $1,457,093 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,019,424 |
| Accounts payable and accrued expenses | $39,585 |
| Grants payable | $0 |
| Deferred revenue | $21,460 |
| 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 | $792,439 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $853,484 |
| Net assets without donor restrictions | $1,165,940 |
| 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 | $2,019,424 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Power House Theater Walla Walla has recieved totaling $48,325.
| Awarding Organization | Amount |
|---|---|
Blue Mountain Community Foundation Walla Walla, WA PURPOSE: VARIOUS PURPOSES AS APPROVED BY BMCF BOARD | $44,972 |
Kinsman Foundation Milwaukie, OR PURPOSE: ARTISTIC PERFORMANCES | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $353 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
5th Avenue Theatre Association Seattle, WA | $19,781,467 | $22,661,308 |
Oregon Shakespeare Festival Association Ashland, OR | $57,188,884 | $18,740,778 |
Seattle Repertory Theatre Seattle, WA | $11,018,492 | $11,241,562 |
Village Theatre Issaquah, WA | $23,494,101 | $8,767,180 |
A Contemporary Theatre Inc Seattle, WA | $4,152,223 | $6,596,754 |
Portland Center Stage Portland, OR | $4,466,227 | $5,640,293 |
Tacoma Arts Live Tacoma, WA | $3,194,540 | $3,456,801 |
Artists Repertory Theatre Portland, OR | $14,727,144 | $2,680,665 |
Idaho Shakespeare Festival Inc Boise, ID | $8,329,786 | $2,964,259 |
Music For Life Institute Bellingham, WA | $1,486,118 | $1,674,576 |
Tower Theatre Foundation Inc Bend, OR | $3,447,410 | $2,473,687 |
Lakewood Theatre Company Lake Oswego, OR | $5,470,972 | $2,767,462 |