Thrasher Opera House Corporation
- Assets
- $2.0m
- Revenue
- $540.5k
- Investments
- $97.6k
- Employees
- 6
- Location
- Green Lake, WI
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 39-1915602
Organization Overview
Thrasher Opera House Corporation is located in Green Lake, WI. The organization was established in 1998. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Thrasher Opera House Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrasher Opera House Corporation 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 12/2023, Thrasher Opera House Corporation generated $540.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $477.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THRASHER OPERA HOUSE CORP EXISTS TO PROMOTE THE ARTS, PROVIDE A COMMUNITY GATHERING PLACE AND TO PRESERVE THE HISTORIC THRASHER OPERA HOUSE BUILDING. THIS IS DONE IN COOPERATION WITH EDUCATIONAL, ARTISTIC, AND CIVIC ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ric Damm Director | Trustee | $0 | |
Helcia Bierman Treasurer | OfficerTrustee | $0 | |
Lynne Johnson Secretary | OfficerTrustee | $0 | |
Erik Johnson Director | Trustee | $0 | |
Tim Lyke Director | Trustee | $0 | |
Steve Yeomans Director | Trustee | $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 | $198,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,969 |
| Total Program Service Revenue | $178,291 |
| Investment income | $30,258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,205 |
| Net Income from Fundraising Events | $71,365 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $46,006 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,494 |
| 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 | $162,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,298 |
| Payroll taxes | $12,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,573 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,320 |
| Advertising and promotion | $10,475 |
| Office expenses | $18,965 |
| Information technology | $1,015 |
| Royalties | $0 |
| Occupancy | $15,533 |
| Travel | $5,751 |
| 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 | $26,723 |
| Insurance | $13,800 |
| All other expenses | $11,975 |
| Total functional expenses | $477,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,239 |
| Savings and temporary cash investments | $101,209 |
| 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 | $24,060 |
| Net Land, buildings, and equipment | $436,984 |
| Investments—publicly traded securities | $1,144,947 |
| Investments—other securities | $97,620 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,004,059 |
| Accounts payable and accrued expenses | $3,593 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $6,495 |
| Total liabilities | $10,088 |
| Net assets without donor restrictions | $1,993,971 |
| 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 | $2,004,059 |