Croswell Opera House & Fine Arts Association

Organization Overview

Croswell Opera House & Fine Arts Association is located in Adrian, MI. The organization was established in 1967. 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, Croswell Opera House & Fine Arts Association employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Croswell Opera House & Fine Arts Association 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 12/2020, Croswell Opera House & Fine Arts Association generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND PERPETUATE THE ARTS AND TO PRESERVE THE HERITAGE OF ITS HISTORIC BUILDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BROADWAY SEASON


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Board, Officers & Key Employees

Name (title)Compensation
Pam Adair
Secretary
$0
Clarke Baldwin
Parliamentar
$0
Steve Benz
1st Vice Pre
$0
Brenda Baker
Past Preside
$0
Stephen Kiersey
2nd Vice Pre
$0
Matt Hammond
President
$0

Financial Statements

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$870,466
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$870,466
Total Program Service Revenue$73,874
Investment income $32,996
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,272
Net Gain/Loss on Asset Sales $3,161
Net Income from Fundraising Events $158,736
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,251,703

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Croswell Opera House & Fine Arts Association has recieved totaling $155,954.

Awarding OrganizationAmount
Lenawee Community Foundation

Adrian, MI

PURPOSE: OPERATIONS

$85,856
Promedica Health System Inc

Toledo, OH

PURPOSE: CHARITABLE DONATION

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$20,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$98
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,562,420
Earnings$237,558
Other Expense$237,792
Ending Balance$1,562,186

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