Windsor Theatre Development Corporation
- Assets
- $436.4k
- Revenue
- $108.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Hampton, IA
- Founding
- 05/1999
- Data as of
- 12/2020
- EIN
- 42-1477649
Organization Overview
Windsor Theatre Development Corporation is located in Hampton, IA. The organization was established in 1999. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Windsor Theatre Development Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Windsor Theatre Development 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 12/2020, Windsor Theatre Development Corporation generated $108.9k 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 (8.7%) each year. All expenses for the organization totaled $97.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
RENOVATION OF HISTORIC THEATRE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED RENOVATION OF HISTORIC WINDSOR THEATRE BUILDING IN HAMPTON, IA. EXPENDITURES HAVE BEEN CAPITALIZED AS PART OF THE BUILDING COSTS. RENOVATIONS THIS YEAR TOTALED $17,400. TOTAL RENOVATIONS TO DATE TOTAL $874,403.
OPERATION OF MOVIE THEATRE IN HISTORIC WINDSOR THEATRE.
SUPPORT OF LOCAL ARTS INCLUDING YOUNG PERFORMING ARTIST CONCERTS, ANNUAL CHORALE CONCERT, AND COMMUNITY THEATRE PRODUCTIONS.
SCHOLARSHIPS FOR STUDENTS PURSUING THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Davies President | OfficerTrustee | 5 | $10,018 |
Dan Rodemeyer Vice President | OfficerTrustee | 0 | $0 |
Kaleigh Bass Treasurer | OfficerTrustee | 0 | $0 |
Dori Jo Berding Secretary | OfficerTrustee | 0 | $0 |
Wendy Buseman Director | Trustee | 0 | $0 |
Moli Gerken Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,312 |
| Investment income | $138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,743 |
| 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 | $108,909 |
| Statement of Expenses | |
|---|---|
| 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. | $1,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,740 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,366 |
| Office expenses | $1,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,734 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,585 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,549 |
| Insurance | $6,308 |
| All other expenses | $0 |
| Total functional expenses | $97,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,072 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $436,390 |
| Accounts payable and accrued expenses | $919 |
| 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 | $31,448 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,367 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $404,023 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Windsor Theatre Development Corporation has recieved totaling $70.
| Awarding Organization | Amount |
|---|---|
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $35 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |
Colonel Il James N Pritzker Library For The Citizen Soldier Chicago, IL | $30,735,848 | $6,408,136 |
Hoyt Sherman Place Foundation Des Moines, IA | $25,209,028 | $4,318,549 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Clover Fields Preservation Foundation Inc Minneapolis, MN | $10,552,332 | $5,740,196 |
Frank Lloyd Wright Trust Chicago, IL | $6,763,209 | $2,823,161 |
Chicago Police Memorial Foundation Chicago, IL | $19,000,783 | $6,539,777 |
The Basilica Landmark Minneapolis, MN | $10,889,737 | $3,579,135 |
Otho S A Sprague Memorial Institute Chicago, IL | $50,228,527 | $3,261,875 |
Orpheum Theatre Preservation Project Ltd Sioux City, IA | $9,952,360 | $2,698,691 |
The Chicago Club Preservation Foundation Chicago, IL | $3,351,972 | $672,833 |