Theatre At The Center Inc is located in Munster, IN. The organization was established in 1995. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Theatre At The Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theatre At The Center 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 06/2022, Theatre At The Center Inc generated $21.9k 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 (47.6%) each year. All expenses for the organization totaled $227.1k during the year ending 06/2022. 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
THEATRE AT THE CENTER, INC. IS THE PRESENTER/PRODUCER OF THEATRICAL PRODUCTIONS, CONCERT SERIES, AND CHILDREN'S THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN STAGE - THEATRE AT THE CENTER, INC. (TATC) IS THE RESIDENT THEATRE COMPANY AT THE CENTER FOR VISUAL AND PERFORMING ARTS. ITS 5 MAINSTAGE PRODUCTIONS ATTRACT AN AUDIENCE OF OVER 50,000 ANNUALLY. TATC OPERATES ON AN ACTORS EQUITY CONTRACT AND REGULARLY EMPLOYS THE FINEST PERFORMERS IN THE GREATER CHICAGO AREA FOR ITS YEAR-ROUND SEASONS OF CLASSIC AMERICAN MUSICALS, NEW PLAYS, AND COMEDIES. DUE TO THE IMPACT OF COVID-19, ALL OPERATIONS WERE SUSPENDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President | OfficerTrustee | 1 | $0 |
Name Not Listed Vice President | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $719 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $719 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,600 |
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 | $21,898 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $800 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $45,095 |
Pension plan accruals and contributions | $5,415 |
Other employee benefits | $20,967 |
Payroll taxes | $3,761 |
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 | $0 |
Fees for services: Other | $2,600 |
Advertising and promotion | $120 |
Office expenses | $1,925 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $114,532 |
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 | $26,646 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $227,078 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $35,150 |
Net Land, buildings, and equipment | $97,872 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $156,862 |
Total assets | $289,884 |
Accounts payable and accrued expenses | $6,775 |
Grants payable | $0 |
Deferred revenue | $1,595,678 |
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 | $1,602,453 |
Net assets without donor restrictions | -$1,628,760 |
Net assets with donor restrictions | $316,191 |
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 | $289,884 |