St Croix Falls Festival Theatre
- Assets
- $114.4k
- Revenue
- $226.6k
- Investments
- $0.0
- Employees
- 27
- Location
- St Croix Falls, WI
- Founding
- 06/1990
- Data as of
- 12/2021
- EIN
- 39-1663518
Organization Overview
St Croix Falls Festival Theatre, operating under the name St Croix Falls Festival Theatre Inc, is located in St Croix Falls, WI. The organization was established in 1990. 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, St Croix Falls Festival Theatre Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Croix Falls Festival Theatre 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 12/2021, St Croix Falls Festival Theatre Inc generated $226.6k 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 (6.4%) each year. All expenses for the organization totaled $249.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE THE PERFORMING ARTS WELCOMING TO ALL PEOPLE AS AN ESSENTIAL PART OF THE WELL BEING OF INDIVIDUALS AND VITALITY OF THE COMMUNITY. ST. CROIX FESTIVAL THEATRE PRODUCES PLAYS, PRESENTS CONCERTS AND PROVIDES ARTS EDUCATION ACTIVITIES FOR YOUTH AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FESTIVAL THEATRE EMPLOYS THEATRE ARTISTS FROM ACROSS THE COUNTRY. WE PRODUCED SIX SHOWS THIS SEASON IN OUR MAINSTAGE THEATRE SERIES. WE HAVE A VIBRANT AND EVER-GROWING YOUTH & FAMILY SERIES WHERE WE IMPACTED 50-60 LOCAL YOUTHS. THIS SERIES INCLUDES TWO FULLY-STAGED PRODUCTIONS AND NUMEROUS CLASSES. FESTIVAL THEATRE ALSO HOSTED MUSICAL ACTS, STAGE READINGS BOOK READINGS, MAGICIANS AND TOURING COMPANIES. WE ARE IN OPERATION YEAR-ROUND SERVING THE ST. CROIX RIVER VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Kravig President El | OfficerTrustee | 5 | $0 |
Andrew Benson Secretary | OfficerTrustee | 3 | $0 |
Margaret Luhrs President | OfficerTrustee | 5 | $0 |
Brent Bublitz Finance Chai | OfficerTrustee | 5 | $0 |
Emma Kravig Director | Trustee | 3 | $0 |
Mark Baer Director | Trustee | 3 | $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 | $159,358 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,358 |
| Total Program Service Revenue | $56,300 |
| Investment income | $1,996 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,115 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$674 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,616 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,253 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,231 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,216 |
| Office expenses | $2,574 |
| Information technology | $886 |
| Royalties | $13,551 |
| Occupancy | $33,668 |
| 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 | $4,504 |
| All other expenses | $0 |
| Total functional expenses | $249,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,959 |
| Savings and temporary cash investments | $54,930 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $174 |
| 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 | $8,339 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $114,402 |
| Accounts payable and accrued expenses | $4,189 |
| Grants payable | $0 |
| Deferred revenue | $4,313 |
| 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 | $8,502 |
| Net assets without donor restrictions | $87,923 |
| Net assets with donor restrictions | $17,977 |
| 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 | $114,402 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that St Croix Falls Festival Theatre has recieved totaling $58,923.
| Awarding Organization | Amount |
|---|---|
Hugh J Andersen Foundation Bayport, MN PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Open Society Institute New York, NY PURPOSE: MATCHING GIFT PROGRAM | $18,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $10,923 |
Endowment Analysis
| Beg. Balance | $11,969 |
| Earnings | $2,978 |
| Admin Expense | $730 |
| Ending Balance | $14,217 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Guthrie Theatre Foundation Minneapolis, MN | $150,141,249 | $18,685,485 |
Temple Theatre Foundation Saginaw, MI | $0 | $1,856,811 |
Milwaukee Repertory Theater Inc Milwaukee, WI | $57,957,999 | $35,719,750 |
Chicago Theatre Group Inc Chicago, IL | $67,225,016 | $13,268,580 |
Childrens Theater Company And School Minneapolis, MN | $29,046,375 | $9,573,718 |
Chicago Shakespeare Theater Chicago, IL | $57,017,216 | $17,200,053 |
Steppenwolf Theater Co Chicago, IL | $121,972,303 | $10,370,800 |
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Hennepin Theatre Tr Minneapolis, MN | $22,588,604 | $4,825,873 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Lookingglass Theatre Company Chicago, IL | $2,356,485 | $3,866,114 |
Pabst Theater Foundation Inc Milwaukee, WI | $14,353,453 | $8,621,639 |